£583,429
This estimated value is based upon the latest sale price for the house of £335,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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178 Marlowes, Hemel Hempstead, HP1 1BH
Phone: 01442493704
| Price Paid | Date |
|---|---|
| £335,000 | 31 Oct 2011 |
| £124,950 | 8 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £335,000 results in an estimated price of approximately £583,429.
| 31 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £335,000 | £248,429 | £583,429 |
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 | 65.125 % | £218,169 | £553,169 |
| 3 Month Average | 81.611 % | £273,395 | £608,395 |
| 6 Month Average | 93.204 % | £312,232 | £647,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £20,465 | £20,000 | 9 CHARLES STREET |
| 4 Sep 2023 | £236,207 | £231,000 | 3 SOUTHVILLE, 9 CHARLES STREET |
| 14 Apr 2023 | £315,909 | £310,000 | 160E COTTERELLS |
| 1 Sep 2022 | £694,536 | £695,000 | 22 PARK ROAD |
| 30 Aug 2022 | £632,960 | £630,000 | 13 PARK ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 15 Feb 2011. Using an estimated price of £583,430 means this house is valued at £5,608 per sq meter (£521 per sq foot).
The average size of a house on CHARLES STREET is 130 sq meters (1,400 sq feet).