£252,530
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Jul 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 |
|---|---|
| £250,000 | 1 Jul 2022 |
| £165,000 | 4 Apr 2014 |
| £165,950 | 14 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £250,000 results in an estimated price of approximately £252,530.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £250,000 | £2,530 | £252,530 |
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 | -9.420 % | £-23,550 | £226,449 |
| 3 Month Average | -6.047 % | £-15,117 | £234,882 |
| 6 Month Average | -1.934 % | £-4,833 | £245,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £317,204 | £310,000 | 27 LONGMAN COURT STATIONERS PLACE |
| 31 Oct 2022 | £239,201 | £240,000 | FLAT 6 FRANCES HOUSE LONDON ROAD |
| 28 Oct 2022 | £311,460 | £312,500 | 50 LONGMAN COURT STATIONERS PLACE |
| 1 Jul 2022 | £252,530 | £250,000 | FLAT 14 FRANCES HOUSE LONDON ROAD |
| 14 Apr 2022 | £238,607 | £230,000 | FLAT 7 FRANCES HOUSE LONDON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Oct 2018. Using an estimated price of £252,530 means this house is valued at £4,208 per sq meter (£391 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Parking Area |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area |