£580,150
This estimated value is based upon the latest sale price for the house of £570,000 on 4 Dec 2023. 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 |
|---|---|
| £570,000 | 4 Dec 2023 |
| £365,000 | 30 Apr 2015 |
| £112,000 | 27 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2023 the House Price Index for HERTFORDSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £570,000 results in an estimated price of approximately £580,150.
| 4 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £570,000 | £10,150 | £580,150 |
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 | 59.374 % | £338,431 | £908,431 |
| 3 Month Average | 43.259 % | £246,575 | £816,575 |
| 6 Month Average | 4.800 % | £27,362 | £597,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £580,151 | £570,000 | 14 KENILWORTH CLOSE |
| 6 Sep 2023 | £487,230 | £481,000 | 4 SHERBOURNE CLOSE |
| 18 Aug 2023 | £363,177 | £360,000 | 14 MORPETH CLOSE |
| 3 Jul 2023 | £552,435 | £545,000 | 40 OLD CRABTREE LANE |
| 13 Jan 2023 | £467,796 | £470,000 | 1 KENILWORTH CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Dec 2015. Using an estimated price of £580,151 means this house is valued at £6,668 per sq meter (£619 per sq foot).
The average size of a house on KENILWORTH CLOSE is 117 sq meters (1,264 sq feet).