£495,334
This estimated value is based upon the latest sale price for the house of £390,000 on 11 Aug 2017. 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 |
|---|---|
| £390,000 | 11 Aug 2017 |
| £225,000 | 1 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 August 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £390,000 results in an estimated price of approximately £495,334.
| 11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £390,000 | £105,334 | £495,334 |
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 | 3.015 % | £11,758 | £401,758 |
| 3 Month Average | 5.494 % | £21,427 | £411,427 |
| 6 Month Average | 3.015 % | £11,757 | £401,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £466,913 | £460,000 | 3 CANDLEFIELD ROAD |
| 18 Apr 2023 | £404,354 | £400,000 | 12 SANDERS ROAD |
| 1 Mar 2022 | £344,039 | £332,000 | 43 SANDERS ROAD |
| 18 Feb 2022 | £288,391 | £275,000 | 3 THE CLOISTERS |
| 9 Feb 2022 | £426,819 | £407,000 | 127 GREAT ELMS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 17 Dec 2015. Using an estimated price of £495,335 means this house is valued at £4,127 per sq meter (£383 per sq foot).
The average size of a house on CANDLEFIELD WALK is 106 sq meters (1,148 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Candlefield Walk |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Candlefield Close |
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Candlefield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Candlefield Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Candlefield Road |