£220,550
This estimated value is based upon the latest sale price for the house of £131,500 on 19 Apr 2013. 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 |
|---|---|
| £131,500 | 19 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 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 April 2013 the House Price Index for HERTFORDSHIRE was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £131,500 results in an estimated price of approximately £220,550.
| 19 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £131,500 | £89,050 | £220,550 |
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 | 65.904 % | £86,663 | £218,163 |
| 3 Month Average | 100.168 % | £131,721 | £263,221 |
| 6 Month Average | 55.952 % | £73,577 | £205,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,500 | £365,000 | 2 ROYAL COURT |
| 20 Sep 2023 | £263,367 | £260,000 | 7 NEWELL RISE |
| 27 Jun 2022 | £507,167 | £500,000 | 25 NEWELL ROAD |
| 26 May 2022 | £445,392 | £437,000 | 25 BELSWAINS LANE |
| 30 Sep 2021 | £457,977 | £425,000 | 3 NEWELL ROAD |
This house has a floor area of 46 sq meters or 505 sq feet when measured on 8 Sep 2010. Using an estimated price of £220,550 means this house is valued at £4,693 per sq meter (£436 per sq foot).
The average size of a house on ROYAL COURT is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Katherine Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newell Rise |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ivory Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sempill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sempill Road |