£174,340
This estimated value is based upon the latest sale price for the house of £140,000 on 10 May 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 |
|---|---|
| £140,000 | 10 May 2019 |
| £130,000 | 20 May 2005 |
| £104,000 | 30 Apr 2004 |
| £44,250 | 19 May 1997 |
| 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £140,000 results in an estimated price of approximately £174,340.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £140,000 | £34,340 | £174,340 |
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 | 29.616 % | £41,462 | £181,462 |
| 3 Month Average | 1.245 % | £1,743 | £141,743 |
| 6 Month Average | 6.217 % | £8,703 | £148,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £376,571 | £365,000 | 2 ROYAL COURT |
| 25 Oct 2023 | £496,271 | £485,000 | 26 ST ALBANS HILL |
| 20 Sep 2023 | £265,861 | £260,000 | 7 NEWELL RISE |
| 27 Jun 2022 | £510,921 | £500,000 | 25 NEWELL ROAD |
| 26 May 2022 | £448,689 | £437,000 | 25 BELSWAINS LANE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 14 Aug 2018. Using an estimated price of £174,340 means this house is valued at £3,790 per sq meter (£352 per sq foot).
The average size of a house on ROYAL COURT is 65 sq meters (709 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Royal Court | |
| Oct 2024 | Anti-social behaviour | On or near Royal Court | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Court |