£417,565
This estimated value is based upon the latest sale price for the house of £338,000 on 9 Oct 2019. 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 |
|---|---|
| £338,000 | 9 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £338,000 results in an estimated price of approximately £417,565.
| 9 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £338,000 | £79,565 | £417,565 |
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 | 42.930 % | £145,102 | £483,102 |
| 3 Month Average | 6.923 % | £23,398 | £361,398 |
| 6 Month Average | 8.044 % | £27,189 | £365,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £375,526 | £368,000 | 330 BARNACRES ROAD |
| 24 Jun 2022 | £587,560 | £575,000 | 56 FAIRWAY |
| 20 Jun 2022 | £533,913 | £522,500 | 7 GEORGEWOOD ROAD |
| 23 May 2022 | £483,599 | £471,000 | 1 OAK CLOSE |
| 19 Apr 2022 | £431,568 | £416,000 | 18 OAK STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 May 2019. Using an estimated price of £417,565 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on FAIRACRE is 148 sq meters (1,593 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |
| Apr 2024 | Anti-social behaviour | On or near Oak Close | |
| Apr 2024 | Anti-social behaviour | On or near Oak Close | |
| Apr 2024 | Anti-social behaviour | On or near Oak Close |