£558,686
This estimated value is based upon the latest sale price for the house of £440,000 on 31 Jul 2017. 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 |
|---|---|
| £440,000 | 31 Jul 2017 |
| £270,000 | 17 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,177 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 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £440,000 results in an estimated price of approximately £558,686.
| 31 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £440,000 | £118,686 | £558,686 |
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 | -5.744 % | £-25,272 | £414,727 |
| 3 Month Average | 23.545 % | £103,600 | £543,600 |
| 6 Month Average | 8.818 % | £38,797 | £478,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £636,033 | £624,000 | 83 BELMONT ROAD |
| 19 Apr 2023 | £503,744 | £500,000 | 66 BELMONT ROAD |
| 24 Feb 2023 | £447,882 | £450,000 | 19 BARNFIELD |
| 20 Jan 2023 | £540,254 | £545,000 | 59 OLIVER ROAD |
| 14 Oct 2022 | £571,505 | £580,000 | 62 OLIVER ROAD |
This house has a floor area of 109 sq meters or 1,177 sq feet when measured on 1 Nov 2010. Using an estimated price of £558,686 means this house is valued at £5,107 per sq meter (£474 per sq foot).
The average size of a house on HOBBS HILL ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| 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 |