£348,321
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Sep 2018. 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 |
---|---|
£280,000 | 7 Sep 2018 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £280,000 results in an estimated price of approximately £348,321.
7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £280,000 | £68,321 | £348,321 |
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 | 66.574 % | £186,407 | £466,407 |
3 Month Average | 4.566 % | £12,784 | £292,784 |
6 Month Average | 11.899 % | £33,316 | £313,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £471,981 | £460,000 | 3 CANDLEFIELD ROAD |
18 Apr 2023 | £407,624 | £400,000 | 12 SANDERS ROAD |
27 Oct 2022 | £507,306 | £509,000 | 21 HORSELERS |
1 Mar 2022 | £346,586 | £332,000 | 43 SANDERS ROAD |
9 Feb 2022 | £429,978 | £407,000 | 127 GREAT ELMS ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Aug 2018. Using an estimated price of £348,322 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on GREAT ELMS ROAD is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Candlefield Walk |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Candlefield Walk |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Horselers |
Jul 2024 | Public order | Under investigation | On or near Horselers |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Horselers |