£412,450
This estimated value is based upon the latest sale price for the house of £294,000 on 10 Nov 2015. 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 |
---|---|
£294,000 | 10 Nov 2015 |
£122,000 | 24 May 2002 |
£76,000 | 25 Sep 1998 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 November 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £294,000 results in an estimated price of approximately £412,450.
10 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £294,000 | £118,450 | £412,450 |
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 | 87.479 % | £257,187 | £551,187 |
3 Month Average | 39.693 % | £116,697 | £410,697 |
6 Month Average | 33.509 % | £98,517 | £392,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £443,854 | £440,000 | 4 RISEDALE HILL |
10 Aug 2023 | £341,153 | £335,000 | 21A RISEDALE ROAD |
30 Jun 2023 | £408,180 | £400,000 | 21 RISEDALE ROAD |
28 Oct 2022 | £772,420 | £775,000 | 43 RISEDALE ROAD |
2 Sep 2022 | £555,629 | £556,000 | 44 RISEDALE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 27 Jun 2015. Using an estimated price of £412,451 means this house is valued at £6,990 per sq meter (£649 per sq foot).
The average size of a house on LANGLEY AVENUE is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Risedale Hill |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Risedale Hill |
May 2024 | Public order | Under investigation | On or near Risedale Hill |
Apr 2024 | Anti-social behaviour | On or near Risedale Hill | |
Apr 2024 | Anti-social behaviour | On or near Risedale Hill |