£781,817
This estimated value is based upon the latest sale price for the house of £761,450 on 20 May 2022. 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 |
|---|---|
| £761,450 | 20 May 2022 |
| Detached |
| Freehold |
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 May 2022 the House Price Index for HERTFORDSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £761,450 results in an estimated price of approximately £781,817.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £761,450 | £20,367 | £781,817 |
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 | 1.744 % | £13,276 | £774,726 |
| 3 Month Average | 5.378 % | £40,948 | £802,398 |
| 6 Month Average | 7.301 % | £55,592 | £817,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £788,220 | £764,000 | 35 WALNUT GROVE |
| 22 Aug 2022 | £567,654 | £565,000 | 5 CAERNARVON CLOSE |
| 20 May 2022 | £781,818 | £761,450 | 55 HILLFIELD ROAD |
| 29 Apr 2022 | £638,014 | £615,000 | 4 HILLFIELD COURT HILLFIELD ROAD |
| 22 Sep 2021 | £488,506 | £450,000 | 8 CONCORDE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hillfield Road |
| Sep 2024 | Burglary | Under investigation | On or near Scriveners Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scriveners Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scriveners Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scriveners Close |