£146,551
This estimated value is based upon the latest sale price for the house of £135,000 on 13 Sep 2021. 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 |
|---|---|
| £135,000 | 13 Sep 2021 |
| £57,000 | 22 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £135,000 results in an estimated price of approximately £146,551.
| 13 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £135,000 | £11,551 | £146,551 |
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 | -14.173 % | £-19,133 | £115,866 |
| 3 Month Average | 10.716 % | £14,466 | £149,466 |
| 6 Month Average | 2.783 % | £3,756 | £138,756 |
| 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 |
| 1 Jun 2022 | £291,225 | £285,000 | 136 MOSAIC HOUSE MIDLAND ROAD |
| 15 Feb 2022 | £283,131 | £268,000 | 128 MOSAIC HOUSE MIDLAND ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 30 Jul 2020. Using an estimated price of £146,552 means this house is valued at £3,489 per sq meter (£324 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 | 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 | 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 |