£422,906
This estimated value is based upon the latest sale price for the house of £295,000 on 2 Jun 2015. 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 |
|---|---|
| £295,000 | 2 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 43.358%.Applying this 43.358% change to the original purchase price of £295,000 results in an estimated price of approximately £422,906.
| 2 Jun 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 146.7 | 43.358 % | £295,000 | £127,906 | £422,906 |
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 | 127.127 % | £375,024 | £670,024 |
| 3 Month Average | 61.610 % | £181,748 | £476,748 |
| 6 Month Average | 42.757 % | £126,132 | £421,132 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Sep 2020.
The average size of a house on SUMMERLEAS CLOSE is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Quendell Walk |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Eden Drive |
| Mar 2024 | Anti-social behaviour | On or near Park View Rise | |
| Feb 2024 | Anti-social behaviour | On or near Park View Rise | |
| Feb 2024 | Anti-social behaviour | On or near Park View Rise |