£516,415
This estimated value is based upon the latest sale price for the house of £307,500 on 25 Oct 2010. 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 |
|---|---|
| £307,500 | 25 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,524 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 October 2010 the House Price Index for HERTFORDSHIRE was 87.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.940%.Applying this 67.940% change to the original purchase price of £307,500 results in an estimated price of approximately £516,415.
| 25 Oct 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 146.7 | 67.940 % | £307,500 | £208,915 | £516,415 |
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 | 147.763 % | £454,371 | £761,871 |
| 3 Month Average | 97.944 % | £301,178 | £608,678 |
| 6 Month Average | 71.154 % | £218,798 | £526,298 |
This house has a floor area of 141 sq meters or 1,524 sq feet when measured on 16 Sep 2009.
The average size of a house on FERNVILLE LANE is 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midland Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fernville Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernville Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernville Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernville Lane |