£551,708
This estimated value is based upon the latest sale price for the house of £223,500 on 14 Feb 2003. 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 |
|---|---|
| £223,500 | 14 Feb 2003 |
| £132,000 | 25 Jun 1999 |
| 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 2003 the House Price Index for HERTFORDSHIRE was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £223,500 results in an estimated price of approximately £551,708.
| 14 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £223,500 | £328,208 | £551,708 |
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 | 186.730 % | £417,341 | £640,841 |
| 3 Month Average | 115.140 % | £257,337 | £480,837 |
| 6 Month Average | 126.234 % | £282,132 | £505,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £285,726 | £280,000 | 6 FAIRHILL |
| 29 Jul 2022 | £415,160 | £411,000 | 19 FAIRWAY |
| 24 Jun 2022 | £587,560 | £575,000 | 56 FAIRWAY |
| 19 Apr 2022 | £431,568 | £416,000 | 18 OAK STREET |
| 2 Mar 2022 | £558,504 | £535,000 | 4 FAIRWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakdene Road |
| May 2024 | Vehicle crime | Under investigation | On or near Oakdene Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Fairhill |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Close |