£526,968
This estimated value is based upon the latest sale price for the house of £515,000 on 29 Feb 2024. 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 |
---|---|
£515,000 | 29 Feb 2024 |
£445,000 | 30 Apr 2018 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2024 the House Price Index for HERTFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £515,000 results in an estimated price of approximately £526,968.
29 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £515,000 | £11,968 | £526,968 |
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 | -22.147 % | £-114,058 | £400,941 |
3 Month Average | 1.187 % | £6,113 | £521,113 |
6 Month Average | 5.218 % | £26,871 | £541,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £365,617 | £360,000 | 52 EBBERNS ROAD |
6 Nov 2023 | £518,153 | £505,000 | 92 LAWN LANE |
24 Oct 2023 | £445,109 | £435,000 | 84 EBBERNS ROAD |
15 Aug 2023 | £432,806 | £425,000 | 218 LAWN LANE |
10 Jan 2023 | £245,656 | £245,000 | FLAT 6 DREW COURT, 70 EBBERNS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Nov 2017.
The average size of a house on BRIDGEVIEW CLOSE is 104 sq meters (1,127 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Bridgeview Close | |
Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
Aug 2024 | Anti-social behaviour | On or near Bridgeview Close | |
Aug 2024 | Anti-social behaviour | On or near Bridgeview Close |