£422,497
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Aug 2016. 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 |
---|---|
£315,000 | 17 Aug 2016 |
£157,000 | 23 Oct 2009 |
£95,000 | 30 Jan 2002 |
Terraced |
Freehold |
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 August 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £315,000 results in an estimated price of approximately £422,497.
17 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £315,000 | £107,497 | £422,497 |
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 | 68.597 % | £216,080 | £531,080 |
3 Month Average | 13.360 % | £42,084 | £357,084 |
6 Month Average | 17.154 % | £54,036 | £369,036 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2022 | £286,116 | £280,000 | FLAT 3 CYGNET HOUSE BITTERN CLOSE |
13 May 2022 | £446,636 | £435,000 | 185 BELSWAINS LANE |
12 Apr 2022 | £508,345 | £490,008 | 7 BITTERN CLOSE |
3 Mar 2022 | £2,609,833 | £2,500,000 | 143 BELSWAINS LANE |
16 Dec 2021 | £593,619 | £550,000 | 12 TEAL WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cart Track |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Cart Track |
Jul 2024 | Robbery | Under investigation | On or near The Cart Track |
Jun 2024 | Anti-social behaviour | On or near The Cart Track | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cart Track |