£588,085
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Feb 2003. 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 |
|---|---|
| £240,000 | 21 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 February 2003 the House Price Index for HERTFORDSHIRE was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £240,000 results in an estimated price of approximately £588,085.
| 21 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £240,000 | £348,085 | £588,085 |
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 | 106.282 % | £255,077 | £495,077 |
| 3 Month Average | 142.739 % | £342,573 | £582,573 |
| 6 Month Average | 112.288 % | £269,492 | £509,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £162,849 | £160,000 | 117 LEYS ROAD |
| 31 Aug 2023 | £504,413 | £500,000 | 90 BELMONT ROAD |
| 31 Aug 2023 | £504,413 | £500,000 | 3 PAMELA AVENUE |
| 3 Jul 2023 | £795,709 | £785,000 | 91 BELMONT ROAD |
| 2 Jun 2023 | £253,065 | £250,000 | 93 STONELEA ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 30 Jul 2019. Using an estimated price of £588,085 means this house is valued at £3,946 per sq meter (£366 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Jan 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Jan 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Jan 2024 | Anti-social behaviour | On or near Stonelea Road | |
| Jan 2024 | Anti-social behaviour | On or near Stonelea Road |