£618,023
This estimated value is based upon the latest sale price for the house of £511,100 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £511,100 | 31 Jul 2020 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in July 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £511,100 results in an estimated price of approximately £618,023.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £511,100 | £106,923 | £618,023 |
The Postcode Pricing Model uses changes in average sales price within the HP3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 33.916 % | £173,345 | £684,445 |
| 3 Month Average | 18.074 % | £92,374 | £603,474 |
| 6 Month Average | 1.837 % | £9,388 | £520,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £684,342 | £682,500 | 23 WEST VALLEY ROAD |
| 28 Apr 2022 | £659,071 | £640,000 | 45 HIGH RIDGE ROAD |
| 14 Apr 2022 | £772,349 | £750,000 | 60 HIGH RIDGE ROAD |
| 27 Jan 2022 | £710,375 | £675,000 | 45 WEST VALLEY ROAD |
| 18 Jan 2022 | £605,135 | £575,000 | 85 WEST VALLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fieldfare Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shearwater Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near West Valley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jay Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gade View Road |