£399,440
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Apr 2018. 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 |
|---|---|
| £320,000 | 27 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £320,000 results in an estimated price of approximately £399,440.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £320,000 | £79,440 | £399,440 |
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 | 34.117 % | £109,174 | £429,174 |
| 3 Month Average | 31.364 % | £100,363 | £420,363 |
| 6 Month Average | 8.050 % | £25,760 | £345,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £404,354 | £400,000 | 12 SANDERS ROAD |
| 14 Apr 2023 | £400,310 | £396,000 | 100 GREAT ELMS ROAD |
| 13 Feb 2023 | £434,707 | £435,000 | 4 SANDERS CLOSE |
| 13 Jan 2023 | £437,937 | £440,000 | 98 GREAT ELMS ROAD |
| 16 Mar 2022 | £414,505 | £400,000 | 383 BARNACRES ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Oct 2017. Using an estimated price of £399,441 means this house is valued at £5,255 per sq meter (£488 per sq foot).
The average size of a house on OAK STREET is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sanders Road | |
| Mar 2024 | Anti-social behaviour | On or near Sanders Road | |
| Mar 2024 | Anti-social behaviour | On or near Sanders Road | |
| Jan 2024 | Anti-social behaviour | On or near Sanders Road | |
| Jan 2024 | Anti-social behaviour | On or near Sanders Road |