£158,245
This estimated value is based upon the latest sale price for the house of £155,000 on 2 Dec 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 |
---|---|
£155,000 | 2 Dec 2022 |
£44,000 | 18 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 December 2022 the House Price Index for HERTFORDSHIRE was 100.3.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 2.094%.Applying this 2.094% change to the original purchase price of £155,000 results in an estimated price of approximately £158,245.
2 Dec 2022 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.3 | 102.4 | 2.094 % | £155,000 | £3,245 | £158,245 |
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 | 16.058 % | £24,889 | £179,889 |
3 Month Average | -14.496 % | £-22,469 | £132,530 |
6 Month Average | -5.228 % | £-8,103 | £146,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jan 2025 | £447,184 | £445,000 | 160 LEIGHTON BUZZARD ROAD |
10 Jan 2025 | £251,227 | £250,000 | FLAT 3 LEDA MEWS ACHILLES CLOSE |
15 Oct 2024 | £185,626 | £182,000 | 28 KD TOWER COTTERELLS |
26 Apr 2024 | £411,475 | £395,000 | 158 LEIGHTON BUZZARD ROAD |
20 Mar 2024 | £481,144 | £460,000 | 63 - 65 MARLOWES |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Sep 2017. Using an estimated price of £158,245 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on WATERHOUSE STREET is 40 sq meters (432 sq feet).