£339,515
This estimated value is based upon the latest sale price for the house of £211,000 on 10 Jan 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 |
|---|---|
| £211,000 | 10 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £211,000 results in an estimated price of approximately £339,515.
| 10 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £211,000 | £128,515 | £339,515 |
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 | 83.353 % | £175,875 | £386,875 |
| 3 Month Average | 43.349 % | £91,465 | £302,465 |
| 6 Month Average | 54.039 % | £114,023 | £325,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £443,854 | £440,000 | 4 RISEDALE HILL |
| 14 Dec 2023 | £643,782 | £624,000 | 83 BELMONT ROAD |
| 31 Aug 2023 | £509,184 | £500,000 | 3 PAMELA AVENUE |
| 10 Aug 2023 | £341,153 | £335,000 | 21A RISEDALE ROAD |
| 30 Jun 2023 | £408,180 | £400,000 | 21 RISEDALE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Jun 2013. Using an estimated price of £339,515 means this house is valued at £4,781 per sq meter (£444 per sq foot).
The average size of a house on LEYS ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Langley Avenue |
| Oct 2024 | Anti-social behaviour | On or near Risedale Hill | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Risedale Hill |
| Aug 2024 | Anti-social behaviour | On or near Risedale Hill | |
| Aug 2024 | Anti-social behaviour | On or near Risedale Hill |