£492,923
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Oct 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Innes Court
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
| Price Paid | Date |
|---|---|
| £400,000 | 18 Oct 2018 |
| £245,000 | 11 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £400,000 results in an estimated price of approximately £492,923.
| 18 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £400,000 | £92,923 | £492,923 |
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 | 26.492 % | £105,969 | £505,969 |
| 3 Month Average | 12.714 % | £50,856 | £450,856 |
| 6 Month Average | 3.427 % | £13,708 | £413,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £557,374 | £560,000 | 13 CRABTREE CLOSE |
| 25 Aug 2022 | £388,953 | £390,000 | 5 CHARLESWORTH CLOSE |
| 27 Jul 2022 | £481,296 | £480,000 | 45 CRABTREE LANE |
| 24 May 2022 | £443,354 | £435,000 | 47 CRABTREE LANE |
| 1 Nov 2021 | £331,664 | £306,666 | 10 CRABTREE CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Jul 2013. Using an estimated price of £492,924 means this house is valued at £4,401 per sq meter (£408 per sq foot).
The average size of a house on CRABTREE LANE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Awaiting court outcome | On or near Innes Court |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Crabtree Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lawn Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lawn Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lawn Lane |