£777,605
This estimated value is based upon the latest sale price for the house of £764,000 on 11 Dec 2023. 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 |
---|---|
£764,000 | 11 Dec 2023 |
£399,995 | 27 Jan 2005 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,639 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 December 2023 the House Price Index for HERTFORDSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £764,000 results in an estimated price of approximately £777,605.
11 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £764,000 | £13,605 | £777,605 |
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 | 59.374 % | £453,617 | £1,217,617 |
3 Month Average | 43.259 % | £330,497 | £1,094,497 |
6 Month Average | 4.800 % | £36,674 | £800,674 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £777,606 | £764,000 | 35 WALNUT GROVE |
18 Sep 2023 | £592,577 | £585,000 | 69 ALEXANDRA ROAD |
22 Aug 2022 | £563,483 | £565,000 | 5 CAERNARVON CLOSE |
20 May 2022 | £776,073 | £761,450 | 55 HILLFIELD ROAD |
29 Apr 2022 | £633,326 | £615,000 | 4 HILLFIELD COURT HILLFIELD ROAD |
This house has a floor area of 152 sq meters or 1,639 sq feet when measured on 23 Feb 2011. Using an estimated price of £777,606 means this house is valued at £5,106 per sq meter (£474 per sq foot).
The average size of a house on WALNUT GROVE is 125 sq meters (1,351 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Walnut Grove | |
Feb 2024 | Anti-social behaviour | On or near Walnut Grove | |
Feb 2024 | Anti-social behaviour | On or near Walnut Grove | |
Feb 2024 | Anti-social behaviour | On or near Walnut Grove | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillfield Court |