£488,394
This estimated value is based upon the latest sale price for the house of £366,000 on 28 Oct 2016. 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 |
|---|---|
| £366,000 | 28 Oct 2016 |
| £214,950 | 25 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £366,000 results in an estimated price of approximately £488,394.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £366,000 | £122,394 | £488,394 |
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 | 14.259 % | £52,188 | £418,188 |
| 3 Month Average | 0.947 % | £3,466 | £369,466 |
| 6 Month Average | 12.542 % | £45,903 | £411,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £407,624 | £400,000 | 12 SANDERS ROAD |
| 27 Mar 2023 | £500,864 | £492,500 | 63 HILL COMMON |
| 27 Oct 2022 | £507,306 | £509,000 | 21 HORSELERS |
| 1 Mar 2022 | £346,586 | £332,000 | 43 SANDERS ROAD |
| 9 Feb 2022 | £429,978 | £407,000 | 127 GREAT ELMS ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Apr 2016. Using an estimated price of £488,394 means this house is valued at £5,366 per sq meter (£498 per sq foot).
The average size of a house on HORSELERS is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Horselers |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horselers |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horselers |
| May 2024 | Criminal damage and arson | Under investigation | On or near Horselers |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sanders Road |