£653,241
This estimated value is based upon the latest sale price for the house of £655,000 on 1 Aug 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 |
|---|---|
| £655,000 | 1 Aug 2022 |
| £605,000 | 17 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 August 2022 the House Price Index for HERTFORDSHIRE was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £655,000 results in an estimated price of approximately £653,241.
| 1 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £655,000 | £-1,758 | £653,241 |
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 | -5.549 % | £-36,349 | £618,650 |
| 3 Month Average | 8.180 % | £53,579 | £708,579 |
| 6 Month Average | -6.167 % | £-40,392 | £614,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2022 | £578,768 | £585,000 | 15 GLEBE CLOSE |
| 1 Aug 2022 | £653,242 | £655,000 | 28 BELMONT ROAD |
| 11 Jul 2022 | £551,485 | £550,000 | 20 GLEBE CLOSE |
| 27 Jun 2022 | £507,167 | £500,000 | 25 NEWELL ROAD |
| 24 Sep 2021 | £673,495 | £625,000 | 13 BELMONT ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 8 Mar 2020. Using an estimated price of £653,242 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newell Rise |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Belmont Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Katherine Close |