£594,606
This estimated value is based upon the latest sale price for the house of £460,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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57 Marlowes, Hemel Hempstead, HP1 1LE
Phone: 01442894113
Price Paid | Date |
---|---|
£460,000 | 7 Apr 2017 |
£290,000 | 3 Dec 2009 |
Detached |
Freehold |
Floor Area: 79 sq meters or 855 sq feet |
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 April 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £460,000 results in an estimated price of approximately £594,606.
7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £460,000 | £134,606 | £594,606 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | -4.744 % | £-21,824 | £438,175 |
3 Month Average | 45.563 % | £209,589 | £669,589 |
6 Month Average | 16.875 % | £77,626 | £537,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £592,577 | £585,000 | 69 ALEXANDRA ROAD |
18 Jul 2023 | £623,390 | £615,000 | 106 ALEXANDRA ROAD |
26 Apr 2023 | £394,245 | £390,000 | 6 CRESCENT ROAD |
14 Apr 2023 | £581,259 | £575,000 | 49 ALEXANDRA ROAD |
22 Aug 2022 | £563,483 | £565,000 | 5 CAERNARVON CLOSE |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 25 Jun 2009. Using an estimated price of £594,607 means this house is valued at £7,483 per sq meter (£695 per sq foot).
The average size of a house on CAERNARVON CLOSE is 123 sq meters (1,323 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near The Sidings | |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Caernarvon Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crescent Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Concorde Drive |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fernville Lane |