£465,985
This estimated value is based upon the latest sale price for the house of £349,950 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Oakdene Road
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8 Lamsey Road, Hemel Hempstead, HP3 9HB
Phone: 01442493655
Price Paid | Date |
---|---|
£349,950 | 29 Jul 2016 |
£236,500 | 7 Jan 2011 |
£173,000 | 22 Jan 2003 |
£111,000 | 15 Dec 2000 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 694 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 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £349,950 results in an estimated price of approximately £465,985.
29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £349,950 | £116,035 | £465,985 |
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 | 13.256 % | £46,388 | £396,338 |
3 Month Average | 11.310 % | £39,577 | £389,527 |
6 Month Average | 7.486 % | £26,195 | £376,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2023 | £461,649 | £457,300 | 9 KINGS AVENUE |
29 Jul 2022 | £412,109 | £411,000 | 19 FAIRWAY |
20 Apr 2022 | £514,900 | £500,000 | 13 GREAT ELMS ROAD |
2 Mar 2022 | £554,400 | £535,000 | 4 FAIRWAY |
18 Feb 2022 | £445,695 | £425,000 | 41 OAKDENE ROAD |
This house has a floor area of 64 sq meters or 694 sq feet when measured on 24 Sep 2010. Using an estimated price of £465,985 means this house is valued at £7,220 per sq meter (£670 per sq foot).
The average size of a house on GREAT ELMS ROAD is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Oakdene Road | |
Jan 2024 | Anti-social behaviour | On or near Oakdene Road | |
Jan 2024 | Anti-social behaviour | On or near Oakdene Road | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oakdene Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Avenue |