£259,406
This estimated value is based upon the latest sale price for the house of £210,000 on 15 Feb 2019. 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 |
|---|---|
| £210,000 | 15 Feb 2019 |
| £161,500 | 15 May 2009 |
| £166,000 | 2 Nov 2004 |
| £159,950 | 26 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 February 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £210,000 results in an estimated price of approximately £259,406.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £210,000 | £49,406 | £259,406 |
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 | 9.330 % | £19,593 | £229,593 |
| 3 Month Average | 3.413 % | £7,167 | £217,167 |
| 6 Month Average | 5.135 % | £10,783 | £220,783 |
| 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 |
| 20 May 2022 | £407,682 | £400,000 | 71 LONGMAN COURT STATIONERS PLACE |
| 14 Apr 2022 | £236,854 | £230,000 | FLAT 7 FRANCES HOUSE LONDON ROAD |
| 12 Jan 2022 | £399,915 | £380,000 | 19 LONGMAN COURT STATIONERS PLACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 22 Aug 2018. Using an estimated price of £259,406 means this house is valued at £5,294 per sq meter (£491 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) |