£815,997
This estimated value is based upon the latest sale price for the house of £280,000 on 31 May 2002. 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 |
|---|---|
| £280,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2002 the House Price Index for HERTFORDSHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £280,000 results in an estimated price of approximately £815,997.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £280,000 | £535,997 | £815,997 |
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 | 142.309 % | £398,464 | £678,464 |
| 3 Month Average | 183.144 % | £512,804 | £792,804 |
| 6 Month Average | 150.002 % | £420,005 | £700,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £540,000 | £540,000 | 4 MULREADY WALK |
| 7 Sep 2023 | £344,404 | £340,000 | 40 EVANS WHARF |
| 3 Apr 2023 | £237,558 | £235,000 | 85 EVANS WHARF |
| 25 Aug 2022 | £309,168 | £310,000 | 52 EVANS WHARF |
| 18 Aug 2022 | £324,128 | £325,000 | 51 EVANS WHARF |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 5 Mar 2012. Using an estimated price of £815,997 means this house is valued at £5,005 per sq meter (£465 per sq foot).
The average size of a house on MULREADY WALK is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Crown Walk | |
| Mar 2024 | Anti-social behaviour | On or near Crown Walk | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evans Wharf |