£520,294
This estimated value is based upon the latest sale price for the house of £450,000 on 10 Dec 2020. 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 | 10 Dec 2020 |
£365,000 | 7 Dec 2018 |
£272,000 | 27 Jan 2006 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £450,000 results in an estimated price of approximately £520,294.
10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £450,000 | £70,294 | £520,294 |
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 | 56.147 % | £252,663 | £702,663 |
3 Month Average | 5.490 % | £24,706 | £474,706 |
6 Month Average | 7.419 % | £33,386 | £483,386 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £350,383 | £345,000 | 57 ST ALBANS HILL |
30 Jun 2023 | £346,953 | £340,000 | 8 SEMPILL ROAD |
11 Nov 2022 | £333,441 | £335,000 | 71 ST ALBANS HILL |
22 Jul 2022 | £480,818 | £476,000 | 65 SEMPILL ROAD |
21 Jul 2022 | £530,314 | £525,000 | 110 DEACONSFIELD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 8 Sep 2020. Using an estimated price of £520,294 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on SEMPILL ROAD is 86 sq meters (928 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Sempill Road | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Sempill Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Sempill Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sempill Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Sempill Road |