£487,796
This estimated value is based upon the latest sale price for the house of £405,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
Price Paid | Date |
---|---|
£405,000 | 13 Mar 2020 |
£189,000 | 16 Aug 2001 |
£146,500 | 29 Oct 1999 |
£95,950 | 29 Feb 1996 |
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 March 2020 the House Price Index for HERTFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £405,000 results in an estimated price of approximately £487,796.
13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £405,000 | £82,796 | £487,796 |
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 | 0.778 % | £3,151 | £408,151 |
3 Month Average | 52.726 % | £213,540 | £618,540 |
6 Month Average | 17.031 % | £68,973 | £473,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £363,177 | £360,000 | 14 MORPETH CLOSE |
2 Jun 2023 | £546,621 | £540,000 | 14 CHILHAM CLOSE |
31 Oct 2022 | £361,112 | £365,000 | 17 MORPETH CLOSE |
22 Apr 2022 | £355,281 | £345,000 | 15 WINDSOR CLOSE |
17 Mar 2022 | £533,675 | £515,000 | 14 WINDSOR CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Aug 2019. Using an estimated price of £487,797 means this house is valued at £6,253 per sq meter (£580 per sq foot).
The average size of a house on YORK WAY is 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Close |
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherbourne Close |