£491,150
This estimated value is based upon the latest sale price for the house of £375,000 on 10 Feb 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 |
---|---|
£375,000 | 10 Feb 2017 |
£235,500 | 31 Oct 2006 |
Semi-Detached |
Freehold |
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 February 2017 the House Price Index for HERTFORDSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £375,000 results in an estimated price of approximately £491,150.
10 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £375,000 | £116,150 | £491,150 |
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 | 45.057 % | £168,965 | £543,965 |
3 Month Average | 4.108 % | £15,406 | £390,406 |
6 Month Average | 14.231 % | £53,364 | £428,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £489,027 | £474,000 | 145 LAWN LANE |
3 Mar 2023 | £645,785 | £635,000 | 1B DEACONSFIELD ROAD |
1 Jun 2022 | £230,937 | £226,000 | 210B LAWN LANE |
23 May 2022 | £513,374 | £500,000 | 157 LAWN LANE |
16 Dec 2021 | £353,473 | £327,500 | 193 LAWN LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Dowling Court | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Innes Court |