£284,013
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Jun 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 |
|---|---|
| £280,000 | 6 Jun 2022 |
| £238,000 | 5 Oct 2020 |
| £155,000 | 11 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 June 2022 the House Price Index for HERTFORDSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £280,000 results in an estimated price of approximately £284,013.
| 6 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £280,000 | £4,013 | £284,013 |
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 | -2.878 % | £-8,057 | £271,942 |
| 3 Month Average | 12.024 % | £33,667 | £313,667 |
| 6 Month Average | -6.517 % | £-18,248 | £261,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £526,735 | £520,000 | 19 STEPHENSON WHARF |
| 17 Feb 2023 | £294,802 | £295,000 | 123 STEPHENSON WHARF |
| 22 Nov 2022 | £320,122 | £324,000 | 99 STEPHENSON WHARF |
| 19 Aug 2022 | £304,181 | £305,000 | 98 STEPHENSON WHARF |
| 30 Jun 2022 | £403,705 | £398,000 | 108 STEPHENSON WHARF |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 26 Jun 2020. Using an estimated price of £284,014 means this house is valued at £5,358 per sq meter (£497 per sq foot).
The average size of a house on BITTERN CLOSE is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stephenson Wharf | |
| Mar 2024 | Anti-social behaviour | On or near Stephenson Wharf | |
| Mar 2024 | Anti-social behaviour | On or near Stephenson Wharf | |
| Mar 2024 | Anti-social behaviour | On or near Stephenson Wharf | |
| Mar 2024 | Anti-social behaviour | On or near Stephenson Wharf |