£389,289
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 has been one burglary 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 57.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 76.950%.Applying this 76.950% change to the original purchase price of £220,000 results in an estimated price of approximately £389,289.
4 Nov 2011 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.7 | 102.1 | 76.950 % | £220,000 | £169,289 | £389,289 |
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 | 81.448 % | £179,186 | £399,186 |
3 Month Average | 84.458 % | £185,808 | £405,808 |
6 Month Average | 76.118 % | £167,459 | £387,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2024 | £431,066 | £426,000 | 198 WINDMILL ROAD |
17 May 2024 | £420,685 | £407,500 | 231 WINDMILL ROAD |
28 Apr 2023 | £440,086 | £425,000 | 3 TURNERS HILL |
8 Aug 2022 | £587,383 | £573,000 | 282 WINDMILL ROAD |
7 Jul 2022 | £551,752 | £535,000 | 63 NEWFIELD LANE |
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 £389,289 means this house is valued at £3,959 per sq meter (£367 per sq foot).
The average size of a house on NEWFIELD LANE is 102 sq meters (1,102 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Newfield Lane |
Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Yott |
Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Yott |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Eden Drive |
Feb 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eden Drive |