£549,960
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
There have been three burglaries within the last year on or near Concorde Drive
More crime details
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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 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £315,000 results in an estimated price of approximately £549,960.
| 30 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £315,000 | £234,960 | £549,960 |
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 | 82.516 % | £259,924 | £574,924 |
| 3 Month Average | 83.328 % | £262,482 | £577,482 |
| 6 Month Average | 80.280 % | £252,880 | £567,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £418,216 | £407,600 | 36 CRESCENT ROAD |
| 29 Sep 2023 | £247,455 | £242,000 | 12 THORN MEAD |
| 25 Aug 2023 | £255,610 | £251,000 | 2 THORN MEAD |
| 22 Aug 2022 | £567,654 | £565,000 | 5 CAERNARVON CLOSE |
| 20 May 2022 | £781,818 | £761,450 | 55 HILLFIELD 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 £549,960 means this house is valued at £4,382 per sq meter (£407 per sq foot).
The average size of a house on CONCORDE DRIVE is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Concorde Drive |
| Jul 2024 | Burglary | Under investigation | On or near Concorde Drive |
| Jul 2024 | Burglary | Under investigation | On or near Concorde Drive |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Concorde Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caernarvon Close |