£382,255
This estimated value is based upon the latest sale price for the house of £222,500 on 9 May 2012. 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 |
---|---|
£222,500 | 9 May 2012 |
£219,950 | 13 Aug 2004 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,111 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 May 2012 the House Price Index for HERTFORDSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £222,500 results in an estimated price of approximately £382,255.
9 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £222,500 | £159,755 | £382,255 |
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 | 33.143 % | £73,742 | £296,242 |
3 Month Average | 66.387 % | £147,710 | £370,210 |
6 Month Average | 80.372 % | £178,828 | £401,328 |
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 103 sq meters or 1,111 sq feet when measured on 8 Sep 2011. Using an estimated price of £382,255 means this house is valued at £3,702 per sq meter (£343 per sq foot).
The average size of a house on WESTVIEW RISE is 143 sq meters (1,544 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Westview Rise | |
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 | Drugs | Awaiting court outcome | On or near Harkness Road |