£592,576
This estimated value is based upon the latest sale price for the house of £585,000 on 18 Sep 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 |
|---|---|
| £585,000 | 18 Sep 2023 |
| £590,000 | 13 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £585,000 results in an estimated price of approximately £592,576.
| 18 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £585,000 | £7,576 | £592,576 |
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 | -24.555 % | £-143,649 | £441,350 |
| 3 Month Average | 20.764 % | £121,467 | £706,467 |
| 6 Month Average | 2.952 % | £17,268 | £602,268 |
| 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 119 sq meters or 1,280 sq feet when measured on 14 May 2019. Using an estimated price of £592,577 means this house is valued at £4,979 per sq meter (£462 per sq foot).
The average size of a house on ALEXANDRA ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crescent Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fernville Lane |