£186,759
This estimated value is based upon the latest sale price for the house of £185,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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178 Marlowes, Hemel Hempstead, HP1 1BH
Phone: 01442493704
| Price Paid | Date |
|---|---|
| £185,000 | 10 Mar 2023 |
| £170,000 | 11 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 March 2023 the House Price Index for HERTFORDSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £185,000 results in an estimated price of approximately £186,759.
| 10 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £185,000 | £1,759 | £186,759 |
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 | 32.362 % | £59,869 | £244,869 |
| 3 Month Average | 3.526 % | £6,522 | £191,522 |
| 6 Month Average | -10.744 % | £-19,876 | £165,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £407,123 | £400,000 | 13 MAYNARD ROAD |
| 21 Aug 2023 | £443,480 | £439,600 | 44 MAYNARD ROAD |
| 27 Apr 2023 | £303,265 | £300,000 | 14 MAYNARD ROAD |
| 10 Mar 2023 | £186,760 | £185,000 | FLAT 8 NORMANDY HOUSE, 1 WOLSEY ROAD |
| 3 Feb 2023 | £192,371 | £192,500 | FLAT 1 NORMANDY HOUSE, 1 WOLSEY ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 18 Sep 2017. Using an estimated price of £186,760 means this house is valued at £4,914 per sq meter (£456 per sq foot).
The average size of a house on WOLSEY ROAD is 37 sq meters (406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Mar 2024 | Other theft | Under investigation | On or near Shopping Area |
| Feb 2024 | Anti-social behaviour | On or near Shopping Area | |
| Feb 2024 | Anti-social behaviour | On or near Shopping Area |