£617,320
This estimated value is based upon the latest sale price for the house of £360,000 on 11 Jul 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 |
|---|---|
| £360,000 | 11 Jul 2012 |
| £238,000 | 8 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,266 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 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 71.478%.Applying this 71.478% change to the original purchase price of £360,000 results in an estimated price of approximately £617,320.
| 11 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £360,000 | £257,320 | £617,320 |
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 | 107.046 % | £385,365 | £745,365 |
| 3 Month Average | 54.540 % | £196,342 | £556,342 |
| 6 Month Average | 66.708 % | £240,149 | £600,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £465,000 | £465,000 | 142A BELSWAINS LANE |
| 4 Sep 2023 | £286,311 | £280,000 | 10 OLIVER CLOSE |
| 16 Mar 2023 | £465,067 | £457,300 | 9 KINGS AVENUE |
| 3 Feb 2023 | £322,152 | £320,000 | 2 OLIVER CLOSE |
| 29 Nov 2022 | £432,975 | £435,000 | 1 ASH GROVE |
This house has a floor area of 117 sq meters or 1,266 sq feet when measured on 20 Mar 2012. Using an estimated price of £617,320 means this house is valued at £5,246 per sq meter (£487 per sq foot).
The average size of a house on ASH GROVE is 124 sq meters (1,341 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Ash Grove | |
| May 2024 | Anti-social behaviour | On or near Ash Grove | |
| May 2024 | Anti-social behaviour | On or near Ash Grove | |
| May 2024 | Anti-social behaviour | On or near Ash Grove | |
| May 2024 | Anti-social behaviour | On or near Ash Grove |