£249,968
This estimated value is based upon the latest sale price for the house of £46,000 on 16 Dec 1996. 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 |
---|---|
£46,000 | 16 Dec 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 December 1996 the House Price Index for HERTFORDSHIRE was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £46,000 results in an estimated price of approximately £249,968.
16 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 149.7 | 443.410 % | £46,000 | £203,968 | £249,968 |
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 | 520.409 % | £239,388 | £285,388 |
3 Month Average | 396.145 % | £182,226 | £228,226 |
6 Month Average | 404.882 % | £186,245 | £232,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £408,180 | £400,000 | 45 REDWOOD DRIVE |
2 Jun 2023 | £551,043 | £540,000 | 14 CHILHAM CLOSE |
14 Apr 2023 | £458,577 | £450,000 | 16 CHILHAM CLOSE |
6 Apr 2023 | £210,946 | £207,000 | 91 FERN DRIVE |
13 Oct 2022 | £194,351 | £195,000 | 93 FERN DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 21 Aug 2015. Using an estimated price of £249,968 means this house is valued at £4,166 per sq meter (£387 per sq foot).
The average size of a house on BURNET CLOSE is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
May 2024 | Anti-social behaviour | On or near York Way |