£252,072
This estimated value is based upon the latest sale price for the house of £245,000 on 25 Jul 2023. 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 |
---|---|
£245,000 | 25 Jul 2023 |
£265,000 | 6 Jul 2018 |
£197,950 | 30 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 July 2023 the House Price Index for HERTFORDSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £245,000 results in an estimated price of approximately £252,072.
25 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £245,000 | £7,072 | £252,072 |
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 | 37.080 % | £90,846 | £335,846 |
3 Month Average | 2.459 % | £6,025 | £251,025 |
6 Month Average | 0.759 % | £1,859 | £246,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 May 2024 | £630,000 | £630,000 | 78 BURY ROAD |
26 Apr 2024 | £398,460 | £395,000 | 158 LEIGHTON BUZZARD ROAD |
20 Sep 2023 | £255,635 | £250,000 | FLAT 16 GADEBURY HEIGHTS BURY ROAD |
15 Sep 2023 | £263,816 | £258,000 | FLAT 20 GADEBURY HEIGHTS BURY ROAD |
25 Jan 2023 | £348,431 | £347,500 | 45 ASTLEY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 Feb 2020.
The average size of a house on BURY ROAD is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Astley Road | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near A4146 |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near A4146 |
Jul 2024 | Robbery | Under investigation | On or near Bury Road |
May 2024 | Anti-social behaviour | On or near Bury Road |