£406,130
This estimated value is based upon the latest sale price for the house of £305,000 on 25 Jul 2016. 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 |
---|---|
£305,000 | 25 Jul 2016 |
£185,000 | 7 Nov 2008 |
£116,500 | 19 Jul 2002 |
£83,500 | 11 Oct 1999 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 July 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £305,000 results in an estimated price of approximately £406,130.
25 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £305,000 | £101,130 | £406,130 |
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 | -4.164 % | £-12,699 | £292,300 |
3 Month Average | 50.350 % | £153,567 | £458,567 |
6 Month Average | 29.393 % | £89,649 | £394,649 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £218,947 | £216,000 | 34 ELMCROFT COURT BURNET CLOSE |
16 Sep 2022 | £386,876 | £390,000 | 4 COXFIELD CLOSE |
16 Aug 2022 | £239,356 | £240,000 | 8 BREFFNI COURT TURNERS HILL |
28 Apr 2022 | £520,049 | £505,000 | 7 FURTHERGROUND |
14 Mar 2022 | £388,598 | £375,000 | 23 TOMS CROFT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Feb 2018. Using an estimated price of £406,131 means this house is valued at £5,076 per sq meter (£471 per sq foot).
The average size of a house on COXFIELD CLOSE is 119 sq meters (1,288 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Toms Croft |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Furtherground |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furtherground |
Feb 2024 | Vehicle crime | Under investigation | On or near Furtherground |