£447,409
This estimated value is based upon the latest sale price for the house of £335,000 on 16 Jun 2016. 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 |
---|---|
£335,000 | 16 Jun 2016 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,018 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 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £335,000 results in an estimated price of approximately £447,409.
16 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £335,000 | £112,409 | £447,409 |
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 | 5.332 % | £17,860 | £352,860 |
3 Month Average | 53.493 % | £179,200 | £514,200 |
6 Month Average | 34.988 % | £117,210 | £452,210 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £464,883 | £458,000 | 1 SIMMONDS RISE |
14 Jun 2023 | £394,782 | £390,000 | 40 ST ALBANS ROAD |
6 Apr 2023 | £277,993 | £275,000 | 6 BEVAN CLOSE |
31 Mar 2023 | £403,804 | £400,000 | 44 ST ALBANS ROAD |
10 Mar 2023 | £403,804 | £400,000 | 7 PANXWORTH ROAD |
This house has a floor area of 94 sq meters or 1,018 sq feet when measured on 11 Jan 2009. Using an estimated price of £447,409 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on BASSIL ROAD is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bassil Road |
Apr 2024 | Other crime | Under investigation | On or near Simmonds Rise |
Apr 2024 | Public order | Awaiting court outcome | On or near Simmonds Rise |
Apr 2024 | Public order | Under investigation | On or near Simmonds Rise |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Simmonds Rise |