£359,851
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Jul 2015. 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 |
|---|---|
| £250,000 | 17 Jul 2015 |
| £180,000 | 20 Jul 2012 |
| £195,000 | 26 Jan 2007 |
| £179,950 | 11 Jun 2004 |
| £174,950 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £250,000 results in an estimated price of approximately £359,851.
| 17 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £250,000 | £109,851 | £359,851 |
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 | 25.708 % | £64,269 | £314,269 |
| 3 Month Average | 24.157 % | £60,392 | £310,392 |
| 6 Month Average | 17.935 % | £44,838 | £294,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £237,443 | £240,000 | FLAT 6 FRANCES HOUSE LONDON ROAD |
| 1 Jul 2022 | £250,675 | £250,000 | FLAT 14 FRANCES HOUSE LONDON ROAD |
| 14 Apr 2022 | £236,854 | £230,000 | FLAT 7 FRANCES HOUSE LONDON ROAD |
| 20 Dec 2021 | £358,858 | £334,950 | 40 LONGMAN COURT STATIONERS PLACE |
| 16 Jul 2021 | £333,287 | £290,000 | FLAT 12 FRANCES HOUSE LONDON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Feb 2012. Using an estimated price of £359,852 means this house is valued at £6,197 per sq meter (£575 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Drugs | On or near Apsley (Station) |