£529,341
This estimated value is based upon the latest sale price for the house of £94,950 on 31 Jul 1996. 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 |
---|---|
£94,950 | 31 Jul 1996 |
Terraced |
Freehold |
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 1996 the House Price Index for HERTFORDSHIRE was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £94,950 results in an estimated price of approximately £529,341.
31 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 148.6 | 457.495 % | £94,950 | £434,391 | £529,341 |
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 | 366.839 % | £348,313 | £443,263 |
3 Month Average | 548.512 % | £520,812 | £615,762 |
6 Month Average | 459.657 % | £436,444 | £531,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £363,177 | £360,000 | 14 MORPETH CLOSE |
2 Jun 2023 | £546,621 | £540,000 | 14 CHILHAM CLOSE |
31 Oct 2022 | £361,112 | £365,000 | 17 MORPETH CLOSE |
15 Mar 2022 | £414,505 | £400,000 | 1 DENBIGH CLOSE |
30 Sep 2021 | £614,228 | £570,000 | 17 CAISTER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chilham Close | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherbourne Close |