£819,890
This estimated value is based upon the latest sale price for the house of £702,000 on 2 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 |
|---|---|
| £702,000 | 2 Nov 2020 |
| £490,000 | 27 Nov 2015 |
| £335,000 | 19 Oct 2009 |
| £310,000 | 21 Mar 2003 |
| £60,000 | 3 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 £702,000 results in an estimated price of approximately £819,890.
| 2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £702,000 | £117,890 | £819,890 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 5.747 % | £40,345 | £742,345 |
| 3 Month Average | 9.645 % | £67,704 | £769,704 |
| 6 Month Average | 8.442 % | £59,261 | £761,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £588,070 | £570,000 | 14 KENILWORTH CLOSE |
| 6 Sep 2023 | £491,842 | £481,000 | 4 SHERBOURNE CLOSE |
| 18 Aug 2023 | £366,612 | £360,000 | 14 MORPETH CLOSE |
| 13 Jan 2023 | £471,259 | £470,000 | 1 KENILWORTH CLOSE |
| 31 Oct 2022 | £363,785 | £365,000 | 17 MORPETH CLOSE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 8 Jul 2020. Using an estimated price of £819,891 means this house is valued at £5,814 per sq meter (£540 per sq foot).
The average size of a house on SHERBOURNE CLOSE is 121 sq meters (1,306 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).