£638,872
This estimated value is based upon the latest sale price for the house of £367,000 on 5 Jul 2011. 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 |
---|---|
£367,000 | 5 Jul 2011 |
£320,000 | 15 Dec 2006 |
£249,999 | 2 Apr 2004 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £367,000 results in an estimated price of approximately £638,872.
5 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £367,000 | £271,872 | £638,872 |
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 | 101.281 % | £371,700 | £738,700 |
3 Month Average | 59.992 % | £220,170 | £587,170 |
6 Month Average | 73.086 % | £268,226 | £635,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £643,782 | £624,000 | 83 BELMONT ROAD |
20 Oct 2023 | £552,550 | £540,000 | 15 STONELEA ROAD |
31 Aug 2023 | £509,184 | £500,000 | 3 PAMELA AVENUE |
19 Apr 2023 | £509,530 | £500,000 | 66 BELMONT ROAD |
10 Dec 2021 | £647,585 | £600,000 | 103 BELMONT ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 27 Feb 2014. Using an estimated price of £638,872 means this house is valued at £5,755 per sq meter (£534 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Belmont Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pamela Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Stonelea Road |