£457,136
This estimated value is based upon the latest sale price for the house of £293,500 on 30 May 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 |
|---|---|
| £293,500 | 30 May 2014 |
| £247,000 | 10 Aug 2006 |
| £163,000 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 May 2014 the House Price Index for HERTFORDSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £293,500 results in an estimated price of approximately £457,136.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £293,500 | £163,636 | £457,136 |
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 | 84.003 % | £246,549 | £540,049 |
| 3 Month Average | 44.489 % | £130,575 | £424,075 |
| 6 Month Average | 51.976 % | £152,549 | £446,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £563,660 | £555,000 | 14 CEDAR WALK |
| 1 Dec 2023 | £180,548 | £175,000 | 35B CORNER HALL AVENUE |
| 9 Feb 2023 | £415,274 | £412,500 | 25 CORNER HALL AVENUE |
| 20 Jan 2023 | £561,500 | £560,000 | 13 CRABTREE CLOSE |
| 2 Feb 2022 | £544,075 | £515,000 | 1 LAMSEY ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Oct 2021. Using an estimated price of £457,136 means this house is valued at £4,526 per sq meter (£420 per sq foot).
The average size of a house on CEDAR WALK is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crabtree Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crabtree Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crabtree Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |