£543,090
This estimated value is based upon the latest sale price for the house of £465,000 on 24 Nov 2020. 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 |
|---|---|
| £465,000 | 24 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £465,000 results in an estimated price of approximately £543,090.
| 24 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £465,000 | £78,090 | £543,090 |
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 | 24.225 % | £112,645 | £577,645 |
| 3 Month Average | -4.278 % | £-19,893 | £445,106 |
| 6 Month Average | 3.995 % | £18,576 | £483,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £449,896 | £452,000 | 46 HOBBS HILL ROAD |
| 19 Oct 2022 | £583,053 | £585,000 | 15 GLEBE CLOSE |
| 1 Aug 2022 | £658,077 | £655,000 | 28 BELMONT ROAD |
| 11 Jul 2022 | £555,567 | £550,000 | 20 GLEBE CLOSE |
| 27 Jun 2022 | £510,921 | £500,000 | 25 NEWELL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Aug 2020. Using an estimated price of £543,090 means this house is valued at £6,543 per sq meter (£607 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellen Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellen Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Road |