£663,936
This estimated value is based upon the latest sale price for the house of £575,000 on 11 Nov 2020. 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 |
|---|---|
| £575,000 | 11 Nov 2020 |
| £345,000 | 15 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £575,000 results in an estimated price of approximately £663,936.
| 11 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £575,000 | £88,936 | £663,936 |
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 | -4.278 % | £-24,599 | £550,400 |
| 3 Month Average | 10.960 % | £63,021 | £638,021 |
| 6 Month Average | -1.678 % | £-9,648 | £565,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2022 | £576,431 | £585,000 | 15 GLEBE CLOSE |
| 1 Aug 2022 | £650,604 | £655,000 | 28 BELMONT ROAD |
| 11 Jul 2022 | £549,258 | £550,000 | 20 GLEBE CLOSE |
| 27 Jun 2022 | £505,119 | £500,000 | 25 NEWELL ROAD |
| 11 Feb 2022 | £229,781 | £220,000 | 4 DARA HOUSE BELMONT ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Sep 2019. Using an estimated price of £663,937 means this house is valued at £5,532 per sq meter (£514 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newell Rise |
| Apr 2024 | Anti-social behaviour | On or near Dell Meadow | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Dell Meadow |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Dell Meadow |
| Mar 2024 | Anti-social behaviour | On or near Dell Meadow |