£494,918
This estimated value is based upon the latest sale price for the house of £485,000 on 6 Jun 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 |
---|---|
£485,000 | 6 Jun 2023 |
£245,000 | 30 Oct 2009 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,110 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 June 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £485,000 results in an estimated price of approximately £494,918.
6 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £485,000 | £9,918 | £494,918 |
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 | 11.944 % | £57,927 | £542,927 |
3 Month Average | -4.880 % | £-23,665 | £461,334 |
6 Month Average | -0.972 % | £-4,715 | £480,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £445,109 | £435,000 | 13 FOURACRES DRIVE |
10 Oct 2023 | £378,599 | £370,000 | 57 LEYS ROAD |
16 Jun 2023 | £494,918 | £485,000 | 11 GREAT WHITES ROAD |
6 Jun 2023 | £494,918 | £485,000 | 16 FOURACRES WALK |
2 Jun 2023 | £255,112 | £250,000 | 93 STONELEA ROAD |
This house has a floor area of 103 sq meters or 1,110 sq feet when measured on 14 Jan 2009. Using an estimated price of £494,918 means this house is valued at £4,796 per sq meter (£445 per sq foot).
The average size of a house on FOURACRES WALK is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fouracres Drive |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leys Road |
Jun 2024 | Public order | Under investigation | On or near Great Whites Road |
Jun 2024 | Public order | Under investigation | On or near Great Whites Road |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Great Whites Road |