£367,544
This estimated value is based upon the latest sale price for the house of £265,000 on 13 Nov 2015. 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 |
|---|---|
| £265,000 | 13 Nov 2015 |
| £199,000 | 16 Aug 2012 |
| £204,995 | 25 Sep 2006 |
| £160,000 | 12 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 705 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 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £265,000 results in an estimated price of approximately £367,544.
| 13 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £265,000 | £102,544 | £367,544 |
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 | 34.878 % | £92,426 | £357,426 |
| 3 Month Average | 57.613 % | £152,675 | £417,675 |
| 6 Month Average | 25.280 % | £66,990 | £331,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £293,044 | £287,500 | 27 IMPERIAL WAY |
| 9 Jun 2023 | £650,273 | £645,000 | 3 MINOAN DRIVE |
| 14 Oct 2022 | £295,606 | £300,000 | 53 IMPERIAL WAY |
| 17 Dec 2021 | £290,238 | £272,000 | 37 IMPERIAL WAY |
| 26 Nov 2021 | £296,215 | £275,000 | FLAT 22 WILLOW COURT EBBERNS ROAD |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 6 Feb 2012. Using an estimated price of £367,545 means this house is valued at £5,611 per sq meter (£521 per sq foot).
The average size of a house on MINOAN DRIVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Minoan Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Minoan Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minoan Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Dell Meadow |
| Apr 2024 | Anti-social behaviour | On or near Dell Meadow |