£217,793
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Mar 2019. 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 |
---|---|
£175,000 | 15 Mar 2019 |
£33,000 | 14 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £175,000 results in an estimated price of approximately £217,793.
15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £175,000 | £42,793 | £217,793 |
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 | 65.551 % | £114,713 | £289,713 |
3 Month Average | 15.330 % | £26,827 | £201,827 |
6 Month Average | 14.136 % | £24,738 | £199,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £408,180 | £400,000 | 45 REDWOOD DRIVE |
6 Apr 2023 | £210,946 | £207,000 | 91 FERN DRIVE |
13 Oct 2022 | £194,351 | £195,000 | 93 FERN DRIVE |
16 Aug 2022 | £241,128 | £240,000 | 8 BREFFNI COURT TURNERS HILL |
30 Jun 2022 | £255,461 | £250,000 | 41 FERN DRIVE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 24 Oct 2018. Using an estimated price of £217,793 means this house is valued at £4,734 per sq meter (£439 per sq foot).
The average size of a house on FERN DRIVE is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fern Drive |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
Apr 2024 | Anti-social behaviour | On or near Chilham Close |