£451,032
This estimated value is based upon the latest sale price for the house of £373,000 on 27 Jul 2020. 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 |
---|---|
£373,000 | 27 Jul 2020 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £373,000 results in an estimated price of approximately £451,032.
27 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £373,000 | £78,032 | £451,032 |
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 | 24.753 % | £92,327 | £465,327 |
3 Month Average | 30.030 % | £112,013 | £485,013 |
6 Month Average | 4.577 % | £17,070 | £390,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2022 | £388,953 | £390,000 | 5 CHARLESWORTH CLOSE |
9 Mar 2022 | £435,230 | £420,000 | 10 WROXHAM AVENUE |
15 Dec 2021 | £580,686 | £542,000 | 4 WROXHAM AVENUE |
15 Dec 2021 | £546,402 | £510,000 | 29 PANXWORTH ROAD |
5 Nov 2021 | £475,866 | £440,000 | 12 RANWORTH CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Jan 2019. Using an estimated price of £451,033 means this house is valued at £5,306 per sq meter (£492 per sq foot).
The average size of a house on MARRIOTTS WAY is 113 sq meters (1,217 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
Mar 2024 | Anti-social behaviour | On or near Stuarts Close | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuarts Close |