£406,395
This estimated value is based upon the latest sale price for the house of £235,000 on 11 Aug 2006. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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45 Marlowes, Hemel Hempstead, HP1 1LD
Phone: 01442894112
| Price Paid | Date |
|---|---|
| £235,000 | 11 Aug 2006 |
| £127,000 | 9 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2006 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £235,000 results in an estimated price of approximately £406,395.
| 11 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £235,000 | £171,395 | £406,395 |
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 | 59.644 % | £140,162 | £375,162 |
| 3 Month Average | 82.637 % | £194,196 | £429,196 |
| 6 Month Average | 96.259 % | £226,208 | £461,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £260,926 | £255,000 | 10 HARKNESS ROAD |
| 3 Aug 2023 | £768,867 | £755,000 | 5 EAST STREET |
| 1 Jun 2023 | £221,438 | £217,000 | 7 HARKNESS ROAD |
| 17 Feb 2023 | £278,359 | £276,500 | 18 HARKNESS ROAD |
| 26 Jan 2023 | £426,640 | £425,500 | 65 CHRISTCHURCH ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 Oct 2013. Using an estimated price of £406,396 means this house is valued at £4,189 per sq meter (£389 per sq foot).
There is one other house on the street which we know the size of, this is 1 FENSOMES CLOSE it is 101.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fensom'S Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fensom'S Close |
| Jul 2024 | Anti-social behaviour | On or near Christchurch Road | |
| Jul 2024 | Anti-social behaviour | On or near Westview Rise |