£410,822
This estimated value is based upon the latest sale price for the house of £311,000 on 7 Dec 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 |
---|---|
£311,000 | 7 Dec 2016 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £311,000 results in an estimated price of approximately £410,822.
7 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £311,000 | £99,822 | £410,822 |
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 | -3.876 % | £-12,053 | £298,946 |
3 Month Average | 9.416 % | £29,283 | £340,283 |
6 Month Average | 13.349 % | £41,514 | £352,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £236,000 | £236,000 | 4 STEPHENSON WHARF |
6 Nov 2023 | £620,757 | £605,000 | 28 SHENDISH EDGE |
29 Sep 2023 | £531,721 | £520,000 | 19 STEPHENSON WHARF |
4 Sep 2023 | £370,160 | £362,000 | 29 DICKINSON QUAY |
15 Aug 2023 | £274,959 | £270,000 | 5 APSLEY GRANGE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Jul 2016. Using an estimated price of £410,823 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on SHENDISH EDGE is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Apsley Grange |
Sep 2024 | Drugs | Local resolution | On or near Shendish Edge |
Aug 2024 | Anti-social behaviour | On or near Shendish Edge | |
Aug 2024 | Anti-social behaviour | On or near Shendish Edge | |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Shendish Edge |