£580,580
This estimated value is based upon the latest sale price for the house of £335,000 on 21 Jun 2011. 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 |
|---|---|
| £335,000 | 21 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,383 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 June 2011 the House Price Index for HERTFORDSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £335,000 results in an estimated price of approximately £580,580.
| 21 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £335,000 | £245,580 | £580,580 |
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 | 57.759 % | £193,491 | £528,491 |
| 3 Month Average | 69.653 % | £233,339 | £568,339 |
| 6 Month Average | 63.433 % | £212,498 | £547,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £263,367 | £260,000 | 7 NEWELL RISE |
| 8 Sep 2023 | £491,282 | £485,000 | 30 BELSWAINS LANE |
| 19 Oct 2022 | £578,768 | £585,000 | 15 GLEBE CLOSE |
| 1 Aug 2022 | £653,242 | £655,000 | 28 BELMONT ROAD |
| 11 Jul 2022 | £551,485 | £550,000 | 20 GLEBE CLOSE |
This house has a floor area of 128 sq meters or 1,383 sq feet when measured on 6 Apr 2011. Using an estimated price of £580,581 means this house is valued at £4,518 per sq meter (£419 per sq foot).
The average size of a house on BELMONT ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newell Rise |
| Dec 2023 | Drugs | Local resolution | On or near Glebe Close |
| Mar 2024 | Anti-social behaviour | On or near Dell Meadow | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dell Meadow |
| Mar 2024 | Other crime | Under investigation | On or near Dell Meadow |