£533,408
This estimated value is based upon the latest sale price for the house of £495,000 on 14 Sep 2021. 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 |
|---|---|
| £495,000 | 14 Sep 2021 |
| £500,000 | 13 Oct 2016 |
| £293,500 | 29 Oct 2010 |
| £245,000 | 6 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 September 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £495,000 results in an estimated price of approximately £533,408.
| 14 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £495,000 | £38,408 | £533,408 |
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 | 34.443 % | £170,495 | £665,495 |
| 3 Month Average | 24.719 % | £122,356 | £617,356 |
| 6 Month Average | -12.555 % | £-62,148 | £432,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,500 | £365,000 | 2 ROYAL COURT |
| 20 Sep 2023 | £263,367 | £260,000 | 7 NEWELL RISE |
| 8 Sep 2023 | £491,282 | £485,000 | 30 BELSWAINS LANE |
| 27 Jul 2023 | £411,539 | £406,000 | 147 EBBERNS ROAD |
| 21 Jul 2023 | £477,426 | £471,000 | 82 EBBERNS ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Mar 2016. Using an estimated price of £533,408 means this house is valued at £5,556 per sq meter (£516 per sq foot).
The average size of a house on BELSWAINS LANE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ebberns Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ebberns Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ebberns Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ebberns Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newell Rise |