£180,788
This estimated value is based upon the latest sale price for the house of £132,500 on 1 Apr 2016. 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 |
|---|---|
| £132,500 | 1 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 April 2016 the House Price Index for HERTFORDSHIRE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £132,500 results in an estimated price of approximately £180,788.
| 1 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £132,500 | £48,288 | £180,788 |
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 | 0.217 % | £287 | £132,787 |
| 3 Month Average | 17.537 % | £23,236 | £155,736 |
| 6 Month Average | 30.712 % | £40,693 | £173,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £256,440 | £252,500 | 100 MOSAIC HOUSE MIDLAND ROAD |
| 3 Nov 2023 | £251,381 | £245,000 | FLAT 13 ALEX COURT ALEXANDRA ROAD |
| 13 Jun 2023 | £160,211 | £157,000 | FLAT 12 ALEX COURT ALEXANDRA ROAD |
| 20 Sep 2022 | £204,863 | £205,000 | 112 MOSAIC HOUSE MIDLAND ROAD |
| 15 Feb 2022 | £283,131 | £268,000 | 128 MOSAIC HOUSE MIDLAND ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Jul 2015. Using an estimated price of £180,789 means this house is valued at £3,766 per sq meter (£349 per sq foot).
The average size of a house on ALEXANDRA ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Alexandra Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |