£278,454
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Jul 2022. 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 |
|---|---|
| £270,000 | 8 Jul 2022 |
| £172,000 | 30 Jul 2004 |
| £152,000 | 31 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2022 the House Price Index for HERTFORDSHIRE was 99.0.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.131%.Applying this 3.131% change to the original purchase price of £270,000 results in an estimated price of approximately £278,454.
| 8 Jul 2022 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.0 | 102.1 | 3.131 % | £270,000 | £8,454 | £278,454 |
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 | -24.959 % | £-67,390 | £202,609 |
| 3 Month Average | 1.579 % | £4,262 | £274,262 |
| 6 Month Average | -2.063 % | £-5,570 | £264,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2025 | £218,000 | £218,000 | FLAT 2 BARGE HOUSE EVANS WHARF |
| 9 Aug 2024 | £285,139 | £278,436 | 8 IMPERIAL WAY |
| 19 Mar 2024 | £563,166 | £540,000 | 4 MULREADY WALK |
| 8 Dec 2023 | £302,304 | £287,500 | 27 IMPERIAL WAY |
| 12 May 2023 | £251,100 | £242,000 | FLAT 11 BARGE HOUSE EVANS WHARF |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Jun 2014. Using an estimated price of £278,455 means this house is valued at £4,283 per sq meter (£397 per sq foot).
The average size of a house on IMPERIAL WAY is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Imperial Way |
| Feb 2025 | Vehicle crime | Under investigation | On or near Mulready Walk |
| Nov 2024 | Vehicle crime | Under investigation | On or near Mulready Walk |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mulready Walk |
| Feb 2025 | Violence and sexual offences | Under investigation | On or near Dell Meadow |