£272,732
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 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £270,000 results in an estimated price of approximately £272,732.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £270,000 | £2,732 | £272,732 |
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 | -30.926 % | £-83,500 | £186,499 |
| 3 Month Average | -2.099 % | £-5,667 | £264,332 |
| 6 Month Average | -1.415 % | £-3,821 | £266,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £368,366 | £360,000 | 6 LOCK HOUSE IMPERIAL WAY |
| 14 Oct 2022 | £299,001 | £300,000 | 53 IMPERIAL WAY |
| 8 Jul 2022 | £272,733 | £270,000 | 25 IMPERIAL WAY |
| 17 Dec 2021 | £293,572 | £272,000 | 37 IMPERIAL WAY |
| 2 Nov 2021 | £670,055 | £615,000 | 23 MULREADY WALK |
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 £272,733 means this house is valued at £4,195 per sq meter (£389 per sq foot).
The average size of a house on IMPERIAL WAY is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Imperial Way | |
| Sep 2024 | Anti-social behaviour | On or near Imperial Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Imperial Way |