£313,541
This estimated value is based upon the latest sale price for the house of £144,000 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Wood Crescent
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
| Price Paid | Date |
|---|---|
| £144,000 | 19 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 810 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 2003 the House Price Index for HERTFORDSHIRE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £144,000 results in an estimated price of approximately £313,541.
| 19 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £144,000 | £169,541 | £313,541 |
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 | 102.978 % | £148,288 | £292,288 |
| 3 Month Average | 149.247 % | £214,916 | £358,916 |
| 6 Month Average | 111.686 % | £160,827 | £304,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £404,905 | £400,000 | 45 REDWOOD DRIVE |
| 6 Apr 2023 | £277,993 | £275,000 | 6 BEVAN CLOSE |
| 10 Mar 2023 | £403,804 | £400,000 | 7 PANXWORTH ROAD |
| 30 Jun 2022 | £253,584 | £250,000 | 41 FERN DRIVE |
| 11 Apr 2022 | £211,109 | £205,000 | 51 FERN DRIVE |
This house has a floor area of 75 sq meters or 810 sq feet when measured on 29 Jan 2009. Using an estimated price of £313,542 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on WOOD CRESCENT is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wood Crescent |
| Apr 2024 | Burglary | Under investigation | On or near Redwood Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood Drive |