£484,355
This estimated value is based upon the latest sale price for the house of £317,500 on 21 Aug 2014. 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 |
|---|---|
| £317,500 | 21 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £317,500 results in an estimated price of approximately £484,355.
| 21 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £317,500 | £166,855 | £484,355 |
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 | 73.488 % | £233,323 | £550,823 |
| 3 Month Average | 29.063 % | £92,273 | £409,773 |
| 6 Month Average | 39.425 % | £125,175 | £442,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £165,072 | £160,000 | 117 LEYS ROAD |
| 31 Aug 2023 | £509,184 | £500,000 | 90 BELMONT ROAD |
| 6 Jun 2023 | £494,918 | £485,000 | 16 FOURACRES WALK |
| 2 Jun 2023 | £255,112 | £250,000 | 93 STONELEA ROAD |
| 10 Jun 2022 | £383,191 | £375,000 | 46 STONELEA ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Mar 2014. Using an estimated price of £484,355 means this house is valued at £5,264 per sq meter (£489 per sq foot).
The average size of a house on STONELEA ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stonelea Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stonelea Road |
| Apr 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Apr 2024 | Anti-social behaviour | On or near Stonelea Road |