£111,128
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Jul 2005. 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 |
---|---|
£60,000 | 28 Jul 2005 |
£139,250 | 25 May 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 July 2005 the House Price Index for HERTFORDSHIRE was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £60,000 results in an estimated price of approximately £111,128.
28 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.214 % | £60,000 | £51,128 | £111,128 |
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 | 185.339 % | £111,203 | £171,203 |
3 Month Average | 100.636 % | £60,381 | £120,381 |
6 Month Average | 104.175 % | £62,504 | £122,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £408,180 | £400,000 | 45 REDWOOD DRIVE |
6 Apr 2023 | £210,946 | £207,000 | 91 FERN DRIVE |
13 Oct 2022 | £194,351 | £195,000 | 93 FERN DRIVE |
16 Aug 2022 | £241,128 | £240,000 | 8 BREFFNI COURT TURNERS HILL |
30 Jun 2022 | £255,461 | £250,000 | 41 FERN DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Dec 2013. Using an estimated price of £111,128 means this house is valued at £1,949 per sq meter (£181 per sq foot).
The average size of a house on FERN DRIVE is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fern Drive |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
May 2024 | Anti-social behaviour | On or near Barnard Way | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wood Crescent |