£521,382
This estimated value is based upon the latest sale price for the house of £320,000 on 8 Mar 2007. 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 |
---|---|
£320,000 | 8 Mar 2007 |
£141,950 | 12 Nov 1996 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 March 2007 the House Price Index for HERTFORDSHIRE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £320,000 results in an estimated price of approximately £521,382.
8 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £320,000 | £201,382 | £521,382 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 58.818 % | £188,218 | £508,218 |
3 Month Average | 77.956 % | £249,460 | £569,460 |
6 Month Average | 86.371 % | £276,388 | £596,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £366,612 | £360,000 | 14 MORPETH CLOSE |
2 Jun 2023 | £551,043 | £540,000 | 14 CHILHAM CLOSE |
14 Apr 2023 | £458,577 | £450,000 | 16 CHILHAM CLOSE |
31 Oct 2022 | £363,785 | £365,000 | 17 MORPETH CLOSE |
15 Mar 2022 | £417,573 | £400,000 | 1 DENBIGH CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 Mar 2018. Using an estimated price of £521,383 means this house is valued at £4,965 per sq meter (£461 per sq foot).
The average size of a house on CAISTER CLOSE is 119 sq meters (1,284 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 | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Holt |