£898,184
This estimated value is based upon the latest sale price for the house of £530,000 on 15 Aug 2006. 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 |
|---|---|
| £530,000 | 15 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 271 sq meters or 2,925 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 August 2006 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.469%.Applying this 69.469% change to the original purchase price of £530,000 results in an estimated price of approximately £898,184.
| 15 Aug 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.469 % | £530,000 | £368,184 | £898,184 |
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 | 176.812 % | £937,105 | £1,467,105 |
| 3 Month Average | 120.475 % | £638,519 | £1,168,519 |
| 6 Month Average | 92.804 % | £491,862 | £1,021,862 |
This house has a floor area of 271 sq meters or 2,925 sq feet when measured on 13 Jul 2009.
The average size of a house on BROAD STREET is 184 sq meters (1,988 sq feet).
This house is the largest in the street with a floor area of 271 sq meters (2,925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Broad Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Christchurch Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midland Road |