£504,348
This estimated value is based upon the latest sale price for the house of £305,000 on 20 Aug 2013. 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 |
|---|---|
| £305,000 | 20 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 August 2013 the House Price Index for HERTFORDSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £305,000 results in an estimated price of approximately £504,348.
| 20 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £305,000 | £199,348 | £504,348 |
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 | 69.399 % | £211,668 | £516,668 |
| 3 Month Average | 55.473 % | £169,192 | £474,192 |
| 6 Month Average | 53.060 % | £161,833 | £466,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £283,626 | £280,000 | 10 OLIVER CLOSE |
| 16 Mar 2023 | £461,649 | £457,300 | 9 KINGS AVENUE |
| 3 Feb 2023 | £319,785 | £320,000 | 2 OLIVER CLOSE |
| 29 Nov 2022 | £429,794 | £435,000 | 1 ASH GROVE |
| 20 Apr 2022 | £514,900 | £500,000 | 13 GREAT ELMS ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Jan 2013. Using an estimated price of £504,348 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on ASH GROVE is 124 sq meters (1,341 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ash Grove | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Belswains Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evans Wharf |
| Jan 2024 | Anti-social behaviour | On or near Evans Wharf |