£621,351
This estimated value is based upon the latest sale price for the house of £505,000 on 1 Mar 2019. 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 |
|---|---|
| £505,000 | 1 Mar 2019 |
| £387,500 | 17 Oct 2006 |
| £219,950 | 20 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 240 sq meters or 2,583 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £505,000 results in an estimated price of approximately £621,351.
| 1 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £505,000 | £116,351 | £621,351 |
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 | 19.102 % | £96,465 | £601,465 |
| 3 Month Average | 30.125 % | £152,131 | £657,131 |
| 6 Month Average | 7.101 % | £35,858 | £540,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £557,153 | £550,000 | 31 HOBBS HILL ROAD |
| 21 Aug 2023 | £445,710 | £443,000 | 53A OLIVER ROAD |
| 27 Jan 2023 | £396,517 | £400,000 | 3 HOBBS HILL ROAD |
| 20 Jan 2023 | £540,254 | £545,000 | 59 OLIVER ROAD |
| 25 Nov 2022 | £444,787 | £452,000 | 46 HOBBS HILL ROAD |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 16 Jan 2017. Using an estimated price of £621,352 means this house is valued at £2,588 per sq meter (£240 per sq foot).
The average size of a house on HOBBS HILL ROAD is 103 sq meters (1,110 sq feet).
This house is the largest in the street with a floor area of 240 sq meters (2,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hobbs Hill Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobbs Hill Road |
| Jan 2024 | Anti-social behaviour | On or near Hobbs Hill Road | |
| Jan 2024 | Anti-social behaviour | On or near Hobbs Hill Road | |
| Jan 2024 | Anti-social behaviour | On or near Hobbs Hill Road |