£525,925
This estimated value is based upon the latest sale price for the house of £380,000 on 1 Dec 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 |
|---|---|
| £380,000 | 1 Dec 2015 |
| £220,000 | 22 Aug 2002 |
| £199,950 | 2 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £380,000 results in an estimated price of approximately £525,925.
| 1 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £380,000 | £145,925 | £525,925 |
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 | 10.017 % | £38,064 | £418,064 |
| 3 Month Average | 51.827 % | £196,942 | £576,942 |
| 6 Month Average | 23.469 % | £89,180 | £469,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £526,735 | £520,000 | 19 STEPHENSON WHARF |
| 6 Jun 2022 | £284,014 | £280,000 | FLAT 3 CYGNET HOUSE BITTERN CLOSE |
| 13 May 2022 | £443,354 | £435,000 | 185 BELSWAINS LANE |
| 12 Apr 2022 | £504,610 | £490,008 | 7 BITTERN CLOSE |
| 28 Feb 2022 | £259,552 | £247,500 | 3 STEPHENSON WHARF |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Jul 2015. Using an estimated price of £525,925 means this house is valued at £5,056 per sq meter (£469 per sq foot).
The average size of a house on BITTERN CLOSE is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brindley Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brindley Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brindley Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brindley Way |
| Apr 2024 | Anti-social behaviour | On or near Stephenson Wharf |