£213,687
This estimated value is based upon the latest sale price for the house of £160,000 on 9 Jun 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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75 Waterhouse Street, Hemel Hempstead, HP1 1ED
Phone: 01442493685
| Price Paid | Date |
|---|---|
| £160,000 | 9 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| 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 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £160,000 results in an estimated price of approximately £213,687.
| 9 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £160,000 | £53,687 | £213,687 |
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 | -15.786 % | £-25,257 | £134,742 |
| 3 Month Average | 5.195 % | £8,311 | £168,311 |
| 6 Month Average | 15.217 % | £24,346 | £184,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £121,803 | £120,000 | 12 THE SQUARE |
| 29 Sep 2023 | £164,098 | £162,000 | FLAT 18 CAMDEN HOUSE MARLOWES |
| 21 Jul 2023 | £116,569 | £115,000 | 11 THE SQUARE |
| 6 Mar 2023 | £1,665,693 | £1,650,000 | 185 MARLOWES |
| 28 Feb 2023 | £271,567 | £271,750 | 2 BRIDGE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Mar 2011. Using an estimated price of £213,688 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on MARLOWES is 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |