£78,642
This estimated value is based upon the latest sale price for the house of £63,580 on 2 Aug 2018. 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 |
|---|---|
| £63,580 | 2 Aug 2018 |
| 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 August 2018 the House Price Index for HERTFORDSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £63,580 results in an estimated price of approximately £78,642.
| 2 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £63,580 | £15,062 | £78,642 |
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 | 19.026 % | £12,096 | £75,676 |
| 3 Month Average | 38.229 % | £24,306 | £87,886 |
| 6 Month Average | 13.703 % | £8,712 | £72,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £91,166 | £90,000 | 1 GADEVIEW COTTERELLS |
| 20 Sep 2023 | £253,238 | £250,000 | FLAT 16 GADEBURY HEIGHTS BURY ROAD |
| 15 Sep 2023 | £261,342 | £258,000 | FLAT 20 GADEBURY HEIGHTS BURY ROAD |
| 29 Aug 2023 | £680,957 | £675,000 | SHALDON HOUSE, 9 SHERIDAN CLOSE |
| 25 Jul 2023 | £248,342 | £245,000 | FLAT 44 GADEBURY HEIGHTS BURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near A4146 | |
| Mar 2024 | Anti-social behaviour | On or near A4146 | |
| Mar 2024 | Robbery | Under investigation | On or near A4146 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A4146 |
| Mar 2024 | Drugs | Local resolution | On or near A4146 |