£208,930
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Dec 2009. 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 |
---|---|
£120,000 | 21 Dec 2009 |
£129,950 | 20 Jul 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 December 2009 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £120,000 results in an estimated price of approximately £208,930.
21 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £120,000 | £88,930 | £208,930 |
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 | 139.846 % | £167,815 | £287,815 |
3 Month Average | 71.377 % | £85,652 | £205,652 |
6 Month Average | 81.061 % | £97,273 | £217,273 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £408,180 | £400,000 | 45 REDWOOD DRIVE |
6 Apr 2023 | £210,946 | £207,000 | 91 FERN DRIVE |
13 Oct 2022 | £194,351 | £195,000 | 93 FERN DRIVE |
16 Aug 2022 | £241,128 | £240,000 | 8 BREFFNI COURT TURNERS HILL |
30 Jun 2022 | £255,461 | £250,000 | 41 FERN DRIVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 3 Mar 2020. Using an estimated price of £208,931 means this house is valued at £4,445 per sq meter (£412 per sq foot).
The average size of a house on FERN DRIVE is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fern Drive |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close |