£544,569
This estimated value is based upon the latest sale price for the house of £116,000 on 5 Jun 1998. 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 |
|---|---|
| £116,000 | 5 Jun 1998 |
| Semi-Detached |
| Freehold |
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 June 1998 the House Price Index for HERTFORDSHIRE was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £116,000 results in an estimated price of approximately £544,569.
| 5 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £116,000 | £428,569 | £544,569 |
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 | 291.114 % | £337,692 | £453,692 |
| 3 Month Average | 370.625 % | £429,924 | £545,924 |
| 6 Month Average | 312.650 % | £362,673 | £478,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £345,000 | £345,000 | 57 ST ALBANS HILL |
| 15 Dec 2023 | £371,500 | £365,000 | 2 ROYAL COURT |
| 11 Nov 2022 | £330,991 | £335,000 | 71 ST ALBANS HILL |
| 2 Sep 2022 | £551,546 | £556,000 | 44 RISEDALE ROAD |
| 27 Jun 2022 | £507,167 | £500,000 | 25 NEWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Katherine Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Risedale Hill |
| Apr 2024 | Anti-social behaviour | On or near Risedale Hill | |
| Apr 2024 | Anti-social behaviour | On or near Risedale Close | |
| Apr 2024 | Anti-social behaviour | On or near Risedale Close |