£503,055
This estimated value is based upon the latest sale price for the house of £410,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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57 Marlowes, Hemel Hempstead, HP1 1LE
Phone: 01442894113
Price Paid | Date |
---|---|
£410,000 | 11 Sep 2019 |
£345,000 | 20 Mar 2015 |
£77,000 | 18 Dec 1995 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 September 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £410,000 results in an estimated price of approximately £503,055.
11 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £410,000 | £93,055 | £503,055 |
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 | -12.904 % | £-52,907 | £357,092 |
3 Month Average | -3.884 % | £-15,922 | £394,077 |
6 Month Average | 3.421 % | £14,024 | £424,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £253,238 | £250,000 | FLAT 16 GADEBURY HEIGHTS BURY ROAD |
15 Sep 2023 | £261,342 | £258,000 | FLAT 20 GADEBURY HEIGHTS BURY ROAD |
25 Jul 2023 | £248,342 | £245,000 | FLAT 44 GADEBURY HEIGHTS BURY ROAD |
23 Jun 2023 | £263,188 | £260,000 | 8 CEMMAES MEADOW |
17 Mar 2023 | £287,711 | £285,000 | 21 CEMMAES MEADOW |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Nov 2014. Using an estimated price of £503,055 means this house is valued at £5,652 per sq meter (£525 per sq foot).
The average size of a house on ASTLEY ROAD is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Astley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Astley Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Astley Road |
Mar 2024 | Anti-social behaviour | On or near Cemmaes Meadow | |
Mar 2024 | Anti-social behaviour | On or near Cemmaes Meadow |