£715,087
This estimated value is based upon the latest sale price for the house of £675,117 on 30 Jun 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 |
---|---|
£675,117 | 30 Jun 2021 |
£435,000 | 27 Jan 2014 |
£173,500 | 22 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 166 sq meters or 1,796 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £675,117 results in an estimated price of approximately £715,087.
30 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 146.7 | 5.921 % | £675,117 | £39,970 | £715,087 |
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 | 23.026 % | £155,452 | £830,569 |
3 Month Average | 1.824 % | £12,316 | £687,433 |
6 Month Average | -10.598 % | £-71,552 | £603,564 |
This house has a floor area of 166 sq meters or 1,796 sq feet when measured on 28 May 2011.
The average size of a house on BROAD STREET is 184 sq meters (1,988 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 |