£529,989
This estimated value is based upon the latest sale price for the house of £522,500 on 20 Jun 2022. 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 |
|---|---|
| £522,500 | 20 Jun 2022 |
| £330,000 | 12 Sep 2013 |
| £305,000 | 14 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2022 the House Price Index for HERTFORDSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £522,500 results in an estimated price of approximately £529,989.
| 20 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £522,500 | £7,489 | £529,989 |
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 | -2.878 % | £-15,036 | £507,463 |
| 3 Month Average | 12.024 % | £62,825 | £585,325 |
| 6 Month Average | -6.517 % | £-34,052 | £488,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £456,762 | £450,000 | 15 GEORGEWOOD ROAD |
| 21 Nov 2023 | £406,011 | £400,000 | 507 BARNACRES ROAD |
| 1 Sep 2023 | £506,476 | £500,000 | 29 GEORGEWOOD ROAD |
| 29 Jun 2023 | £372,512 | £368,000 | 330 BARNACRES ROAD |
| 16 Jun 2023 | £318,862 | £315,000 | 19 EAST GREEN |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Sep 2011. Using an estimated price of £529,990 means this house is valued at £7,159 per sq meter (£665 per sq foot).
The average size of a house on GEORGEWOOD ROAD is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Georgewood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highbarns |
| Mar 2024 | Anti-social behaviour | On or near Highbarns | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highbarns |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highbarns |