£316,191
This estimated value is based upon the latest sale price for the house of £198,000 on 8 May 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 |
---|---|
£198,000 | 8 May 2007 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2007 the House Price Index for HERTFORDSHIRE was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £198,000 results in an estimated price of approximately £316,191.
8 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £198,000 | £118,191 | £316,191 |
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 | 84.984 % | £168,268 | £366,268 |
3 Month Average | 147.926 % | £292,892 | £490,892 |
6 Month Average | 101.959 % | £201,878 | £399,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £429,626 | £425,000 | 3 TURNERS HILL |
7 Jul 2022 | £536,444 | £535,000 | 63 NEWFIELD LANE |
30 Jun 2022 | £349,945 | £345,000 | 2 LOWER YOTT |
3 Dec 2021 | £369,625 | £345,000 | 113 WINDMILL ROAD |
15 Nov 2021 | £465,051 | £430,000 | 86 NEWFIELD LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Jan 2016. Using an estimated price of £316,192 means this house is valued at £3,593 per sq meter (£333 per sq foot).
The average size of a house on LOWER YOTT is 118 sq meters (1,276 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lower Yott |
Mar 2024 | Anti-social behaviour | On or near Lower Yott | |
Mar 2024 | Anti-social behaviour | On or near Lower Yott | |
Mar 2024 | Robbery | Under investigation | On or near Lower Yott |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |