£419,108
This estimated value is based upon the latest sale price for the house of £259,000 on 16 Apr 2007. 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 |
---|---|
£259,000 | 16 Apr 2007 |
£91,950 | 4 Aug 1995 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 April 2007 the House Price Index for HERTFORDSHIRE was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £259,000 results in an estimated price of approximately £419,108.
16 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £259,000 | £160,108 | £419,108 |
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 | 60.596 % | £156,943 | £415,943 |
3 Month Average | 76.488 % | £198,103 | £457,103 |
6 Month Average | 88.504 % | £229,225 | £488,225 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £366,612 | £360,000 | 14 MORPETH CLOSE |
2 Jun 2023 | £551,043 | £540,000 | 14 CHILHAM CLOSE |
31 Oct 2022 | £363,785 | £365,000 | 17 MORPETH CLOSE |
15 Mar 2022 | £417,573 | £400,000 | 1 DENBIGH CLOSE |
30 Sep 2021 | £618,774 | £570,000 | 17 CAISTER CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 17 Apr 2015. Using an estimated price of £419,108 means this house is valued at £4,191 per sq meter (£389 per sq foot).
The average size of a house on YORK WAY is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near York Way | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Way |
May 2024 | Anti-social behaviour | On or near York Way | |
May 2024 | Anti-social behaviour | On or near York Way | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close |