£520,305
This estimated value is based upon the latest sale price for the house of £492,500 on 4 Feb 2022. 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 |
---|---|
£492,500 | 4 Feb 2022 |
£144,000 | 19 Jan 2000 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 February 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £492,500 results in an estimated price of approximately £520,305.
4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £492,500 | £27,805 | £520,305 |
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 | 64.370 % | £317,021 | £809,521 |
3 Month Average | -1.907 % | £-9,390 | £483,109 |
6 Month Average | 3.667 % | £18,061 | £510,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2022 | £415,160 | £411,000 | 19 FAIRWAY |
24 Jun 2022 | £587,560 | £575,000 | 56 FAIRWAY |
23 May 2022 | £483,599 | £471,000 | 1 OAK CLOSE |
25 Apr 2022 | £447,129 | £431,000 | 53 GREAT ELMS ROAD |
19 Apr 2022 | £431,568 | £416,000 | 18 OAK STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Sep 2021. Using an estimated price of £520,305 means this house is valued at £5,363 per sq meter (£498 per sq foot).
The average size of a house on OAKDENE ROAD is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakdene Road |
May 2024 | Vehicle crime | Under investigation | On or near Oakdene Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairway |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |