£502,196
This estimated value is based upon the latest sale price for the house of £128,000 on 28 Feb 2000. 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 |
|---|---|
| £128,000 | 28 Feb 2000 |
| £91,500 | 1 Apr 1997 |
| Terraced |
| 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 February 2000 the House Price Index for HERTFORDSHIRE was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £128,000 results in an estimated price of approximately £502,196.
| 28 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £128,000 | £374,196 | £502,196 |
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 | 189.870 % | £243,034 | £371,034 |
| 3 Month Average | 255.271 % | £326,746 | £454,746 |
| 6 Month Average | 224.361 % | £287,181 | £415,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £557,374 | £560,000 | 13 CRABTREE CLOSE |
| 25 Aug 2022 | £388,953 | £390,000 | 5 CHARLESWORTH CLOSE |
| 27 Jul 2022 | £481,296 | £480,000 | 45 CRABTREE LANE |
| 24 May 2022 | £443,354 | £435,000 | 47 CRABTREE LANE |
| 1 Nov 2021 | £331,664 | £306,666 | 10 CRABTREE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Close |
| Apr 2024 | Robbery | Under investigation | On or near Lawn Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lawn Lane |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way |