£408,299
This estimated value is based upon the latest sale price for the house of £238,000 on 28 Sep 2012. 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 |
|---|---|
| £238,000 | 28 Sep 2012 |
| £227,000 | 1 Apr 2004 |
| £175,000 | 14 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £238,000 results in an estimated price of approximately £408,299.
| 28 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £238,000 | £170,299 | £408,299 |
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 | 97.385 % | £231,775 | £469,775 |
| 3 Month Average | 53.405 % | £127,103 | £365,103 |
| 6 Month Average | 57.727 % | £137,389 | £375,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £409,296 | £400,000 | 21 BASSIL ROAD |
| 6 Apr 2023 | £280,242 | £275,000 | 6 BEVAN CLOSE |
| 10 Mar 2023 | £406,793 | £400,000 | 7 PANXWORTH ROAD |
| 9 Mar 2022 | £438,452 | £420,000 | 10 WROXHAM AVENUE |
| 15 Dec 2021 | £550,447 | £510,000 | 29 PANXWORTH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Apr 2012. Using an estimated price of £408,299 means this house is valued at £4,693 per sq meter (£436 per sq foot).
The average size of a house on RANWORTH CLOSE is 133 sq meters (1,436 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Panxworth Road | |
| Apr 2024 | Anti-social behaviour | On or near Panxworth Road | |
| Apr 2024 | Anti-social behaviour | On or near Panxworth Road | |
| Apr 2024 | Anti-social behaviour | On or near Panxworth Road | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stuarts Close |