£531,029
This estimated value is based upon the latest sale price for the house of £345,000 on 15 Jul 2014. 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 |
|---|---|
| £345,000 | 15 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2014 the House Price Index for HERTFORDSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £345,000 results in an estimated price of approximately £531,029.
| 15 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £345,000 | £186,029 | £531,029 |
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 | 43.125 % | £148,781 | £493,781 |
| 3 Month Average | 25.552 % | £88,154 | £433,154 |
| 6 Month Average | 43.810 % | £151,145 | £496,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £450,000 | £450,000 | 18 DEACONSFIELD ROAD |
| 25 Aug 2023 | £198,582 | £195,000 | 206C LAWN LANE |
| 21 Jun 2023 | £360,729 | £353,500 | 24 IVORY COURT |
| 3 Mar 2023 | £645,785 | £635,000 | 1B DEACONSFIELD ROAD |
| 1 Jun 2022 | £230,937 | £226,000 | 210B LAWN LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Aug 2014. Using an estimated price of £531,029 means this house is valued at £4,827 per sq meter (£448 per sq foot).
The average size of a house on DEACONSFIELD ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Dowling Court | |
| Jul 2024 | Anti-social behaviour | On or near Dowling Court | |
| Jul 2024 | Anti-social behaviour | On or near Dowling Court | |
| Jul 2024 | Anti-social behaviour | On or near Dowling Court | |
| Oct 2024 | Anti-social behaviour | On or near Ivory Court |