£447,409
This estimated value is based upon the latest sale price for the house of £335,000 on 30 Jun 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 |
|---|---|
| £335,000 | 30 Jun 2016 |
| Freehold |
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 June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £335,000 results in an estimated price of approximately £447,409.
| 30 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £335,000 | £112,409 | £447,409 |
The Postcode Pricing Model uses changes in average sales price within the HP1 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 | -8.477 % | £-28,399 | £306,600 |
| 3 Month Average | 12.098 % | £40,527 | £375,527 |
| 6 Month Average | 17.365 % | £58,171 | £393,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £121,803 | £120,000 | 12 THE SQUARE |
| 29 Sep 2023 | £164,098 | £162,000 | FLAT 18 CAMDEN HOUSE MARLOWES |
| 21 Jul 2023 | £116,569 | £115,000 | 11 THE SQUARE |
| 6 Mar 2023 | £1,665,693 | £1,650,000 | 185 MARLOWES |
| 13 Feb 2023 | £414,721 | £415,000 | 69 MARLOWES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |