£364,645
This estimated value is based upon the latest sale price for the house of £248,000 on 15 May 2015. 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 |
|---|---|
| £248,000 | 15 May 2015 |
| £196,000 | 22 Mar 2013 |
| £187,000 | 28 Aug 2009 |
| £175,500 | 29 Jul 2005 |
| £71,203 | 8 Mar 1996 |
| Terraced |
| Freehold |
| 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 May 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £248,000 results in an estimated price of approximately £364,645.
| 15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £248,000 | £116,645 | £364,645 |
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 | 34.708 % | £86,075 | £334,075 |
| 3 Month Average | 53.726 % | £133,241 | £381,241 |
| 6 Month Average | 47.921 % | £118,844 | £366,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £366,612 | £360,000 | 14 MORPETH CLOSE |
| 31 Oct 2022 | £363,785 | £365,000 | 17 MORPETH CLOSE |
| 22 Apr 2022 | £357,911 | £345,000 | 15 WINDSOR CLOSE |
| 17 Mar 2022 | £537,626 | £515,000 | 14 WINDSOR CLOSE |
| 15 Mar 2022 | £417,573 | £400,000 | 1 DENBIGH CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jul 2012. Using an estimated price of £364,645 means this house is valued at £6,077 per sq meter (£564 per sq foot).
The average size of a house on MORPETH CLOSE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Under investigation | On or near York Way |