£381,981
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Nov 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near Newfield Lane
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
| Price Paid | Date |
|---|---|
| £220,000 | 4 Nov 2011 |
| £190,000 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,058 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 2011 the House Price Index for HERTFORDSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £220,000 results in an estimated price of approximately £381,981.
| 4 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £220,000 | £161,981 | £381,981 |
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 | 51.028 % | £112,262 | £332,262 |
| 3 Month Average | 91.225 % | £200,695 | £420,695 |
| 6 Month Average | 79.539 % | £174,984 | £394,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £407,347 | £400,000 | 268 WINDMILL ROAD |
| 28 Apr 2023 | £433,101 | £425,000 | 3 TURNERS HILL |
| 8 Aug 2022 | £575,692 | £573,000 | 282 WINDMILL ROAD |
| 7 Jul 2022 | £540,415 | £535,000 | 63 NEWFIELD LANE |
| 30 Jun 2022 | £352,536 | £345,000 | 2 LOWER YOTT |
This house has a floor area of 98 sq meters or 1,058 sq feet when measured on 25 Jul 2011. Using an estimated price of £381,982 means this house is valued at £3,885 per sq meter (£360 per sq foot).
The average size of a house on NEWFIELD LANE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newfield Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Newfield Lane |
| Jul 2024 | Anti-social behaviour | On or near Newfield Lane | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Newfield Lane |
| Jul 2024 | Anti-social behaviour | On or near Newfield Lane |