£473,583
This estimated value is based upon the latest sale price for the house of £450,000 on 14 Jan 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 |
|---|---|
| £450,000 | 14 Jan 2022 |
| £247,500 | 23 Apr 2010 |
| £200,000 | 7 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £450,000 results in an estimated price of approximately £473,583.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £450,000 | £23,583 | £473,583 |
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 | -13.752 % | £-61,883 | £388,116 |
| 3 Month Average | 10.269 % | £46,209 | £496,209 |
| 6 Month Average | -4.309 % | £-19,390 | £430,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £555,000 | £555,000 | 14 CEDAR WALK |
| 1 Dec 2023 | £178,116 | £175,000 | 35B CORNER HALL AVENUE |
| 9 Feb 2023 | £412,223 | £412,500 | 25 CORNER HALL AVENUE |
| 20 Jan 2023 | £557,374 | £560,000 | 13 CRABTREE CLOSE |
| 2 Feb 2022 | £540,078 | £515,000 | 1 LAMSEY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Aug 2021. Using an estimated price of £473,584 means this house is valued at £5,705 per sq meter (£530 per sq foot).
The average size of a house on CEDAR WALK is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Close |
| Apr 2024 | Public order | Under investigation | On or near Cedar Walk |
| Apr 2024 | Other theft | Under investigation | On or near Cedar Walk |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cedar Walk |