£720,841
This estimated value is based upon the latest sale price for the house of £587,500 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
178 Marlowes, Hemel Hempstead, HP1 1BH
Phone: 01442493704
| Price Paid | Date |
|---|---|
| £587,500 | 6 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £587,500 results in an estimated price of approximately £720,841.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £587,500 | £133,341 | £720,841 |
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 | -12.904 % | £-75,812 | £511,687 |
| 3 Month Average | -3.884 % | £-22,816 | £564,683 |
| 6 Month Average | 3.421 % | £20,096 | £607,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £233,992 | £231,000 | 3 SOUTHVILLE, 9 CHARLES STREET |
| 9 Jun 2023 | £683,277 | £675,000 | 47 PARK ROAD |
| 1 Sep 2022 | £689,433 | £695,000 | 22 PARK ROAD |
| 30 Aug 2022 | £628,309 | £630,000 | 13 PARK ROAD |
| 24 Jun 2022 | £638,016 | £629,000 | 15 CHARLES STREET |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 19 Sep 2019. Using an estimated price of £720,841 means this house is valued at £4,870 per sq meter (£452 per sq foot).
The average size of a house on PARK ROAD is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Heath Lane |
| Dec 2023 | Drugs | Local resolution | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Road |