£552,093
This estimated value is based upon the latest sale price for the house of £422,500 on 27 Jan 2017. 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 |
|---|---|
| £422,500 | 27 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2017 the House Price Index for HERTFORDSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £422,500 results in an estimated price of approximately £552,093.
| 27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £422,500 | £129,593 | £552,093 |
The Postcode Pricing Model uses changes in average sales price within the HP3 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 | -4.679 % | £-19,768 | £402,731 |
| 3 Month Average | 14.646 % | £61,879 | £484,379 |
| 6 Month Average | 7.114 % | £30,055 | £452,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £283,626 | £280,000 | 10 OLIVER CLOSE |
| 3 Feb 2023 | £319,785 | £320,000 | 2 OLIVER CLOSE |
| 29 Nov 2022 | £429,794 | £435,000 | 1 ASH GROVE |
| 7 Oct 2022 | £404,396 | £408,750 | 1 EVANS WHARF |
| 10 Jun 2022 | £431,092 | £425,000 | 71 EVANS WHARF |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Sep 2010. Using an estimated price of £552,093 means this house is valued at £8,119 per sq meter (£754 per sq foot).
The average size of a house on BELSWAINS LANE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belswains Lane |
| Mar 2024 | Anti-social behaviour | On or near Ash Grove | |
| Mar 2024 | Anti-social behaviour | On or near Ash Grove | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evans Wharf |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evans Wharf |