£855,016
This estimated value is based upon the latest sale price for the house of £633,000 on 31 Mar 2016. 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 |
|---|---|
| £633,000 | 31 Mar 2016 |
| £425,000 | 9 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 March 2016 the House Price Index for HERTFORDSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £633,000 results in an estimated price of approximately £855,016.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £633,000 | £222,016 | £855,016 |
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 | 15.964 % | £101,049 | £734,049 |
| 3 Month Average | 69.829 % | £442,016 | £1,075,016 |
| 6 Month Average | 39.903 % | £252,588 | £885,588 |
| 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 156 sq meters or 1,679 sq feet when measured on 23 Dec 2015. Using an estimated price of £855,017 means this house is valued at £5,480 per sq meter (£509 per sq foot).
The average size of a house on WALNUT GROVE is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Maynard Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maynard Road |