£261,826
This estimated value is based upon the latest sale price for the house of £87,000 on 29 Apr 2002. 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 |
---|---|
£87,000 | 29 Apr 2002 |
£45,000 | 8 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 April 2002 the House Price Index for HERTFORDSHIRE was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £87,000 results in an estimated price of approximately £261,826.
29 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £87,000 | £174,826 | £261,826 |
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 | 158.199 % | £137,633 | £224,633 |
3 Month Average | 165.419 % | £143,914 | £230,914 |
6 Month Average | 172.213 % | £149,825 | £236,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £165,072 | £160,000 | 117 LEYS ROAD |
31 Aug 2023 | £509,184 | £500,000 | 3 PAMELA AVENUE |
31 Aug 2023 | £509,184 | £500,000 | 90 BELMONT ROAD |
2 Jun 2023 | £255,112 | £250,000 | 93 STONELEA ROAD |
10 Jun 2022 | £383,191 | £375,000 | 46 STONELEA ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Jun 2018. Using an estimated price of £261,826 means this house is valued at £4,437 per sq meter (£412 per sq foot).
The average size of a house on LEYS ROAD is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Under investigation | On or near Leys Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pamela Avenue |
Sep 2024 | Vehicle crime | Under investigation | On or near Stonelea Road |
Jul 2024 | Anti-social behaviour | On or near Stonelea Road | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stonelea Road |