£560,304
This estimated value is based upon the latest sale price for the house of £315,000 on 30 Jun 2011. 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 |
|---|---|
| £315,000 | 30 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,350 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 2011 the House Price Index for HERTFORDSHIRE was 57.4.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 77.875%.Applying this 77.875% change to the original purchase price of £315,000 results in an estimated price of approximately £560,304.
| 30 Jun 2011 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.4 | 102.1 | 77.875 % | £315,000 | £245,304 | £560,304 |
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 | 87.236 % | £274,792 | £589,792 |
| 3 Month Average | 78.682 % | £247,846 | £562,846 |
| 6 Month Average | 73.250 % | £230,737 | £545,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2024 | £394,638 | £390,000 | 11 LOWER ADEYFIELD ROAD |
| 20 Sep 2024 | £596,688 | £585,000 | 12 CAERNARVON CLOSE |
| 28 Aug 2024 | £773,175 | £755,000 | 57 HILLFIELD ROAD |
| 2 May 2024 | £552,310 | £535,000 | 4 EAST STREET |
| 20 Nov 2023 | £426,393 | £407,600 | 36 CRESCENT ROAD |
This house has a floor area of 125 sq meters or 1,350 sq feet when measured on 20 May 2010. Using an estimated price of £560,305 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on CONCORDE DRIVE is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Thorn Mead |
| Dec 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorn Mead |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorn Mead |
| Nov 2024 | Robbery | Investigation complete; no suspect identified | On or near Thorn Mead |
| Feb 2025 | Public order | Investigation complete; no suspect identified | On or near Caernarvon Court |