£508,986
This estimated value is based upon the latest sale price for the house of £410,000 on 30 Oct 2018. 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 |
|---|---|
| £410,000 | 30 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £410,000 results in an estimated price of approximately £508,986.
| 30 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £410,000 | £98,986 | £508,986 |
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 | 24.904 % | £102,104 | £512,104 |
| 3 Month Average | 14.638 % | £60,015 | £470,015 |
| 6 Month Average | 13.785 % | £56,518 | £466,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £518,153 | £505,000 | 92 LAWN LANE |
| 26 Oct 2023 | £342,785 | £335,000 | 10 BELSWAINS LANE |
| 24 Oct 2023 | £445,109 | £435,000 | 84 EBBERNS ROAD |
| 9 Oct 2023 | £439,993 | £430,000 | 131 EBBERNS ROAD |
| 15 Aug 2023 | £432,806 | £425,000 | 218 LAWN LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 5 Sep 2017. Using an estimated price of £508,987 means this house is valued at £6,283 per sq meter (£583 per sq foot).
The average size of a house on BRIDGEVIEW CLOSE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Aug 2024 | Anti-social behaviour | On or near Bridgeview Close |