£552,236
This estimated value is based upon the latest sale price for the house of £432,500 on 27 Sep 2017. 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 |
|---|---|
| £432,500 | 27 Sep 2017 |
| £230,000 | 9 Oct 2009 |
| £227,000 | 6 Oct 2004 |
| £103,000 | 23 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £432,500 results in an estimated price of approximately £552,236.
| 27 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £432,500 | £119,736 | £552,236 |
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 | 30.529 % | £132,036 | £564,536 |
| 3 Month Average | -2.412 % | £-10,432 | £422,067 |
| 6 Month Average | 12.583 % | £54,419 | £486,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £465,067 | £457,300 | 9 KINGS AVENUE |
| 29 Jul 2022 | £415,160 | £411,000 | 19 FAIRWAY |
| 20 Apr 2022 | £518,711 | £500,000 | 13 GREAT ELMS ROAD |
| 2 Mar 2022 | £558,504 | £535,000 | 4 FAIRWAY |
| 18 Feb 2022 | £448,994 | £425,000 | 41 OAKDENE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Nov 2015. Using an estimated price of £552,237 means this house is valued at £5,522 per sq meter (£513 per sq foot).
The average size of a house on GREAT ELMS ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakdene Road |
| May 2024 | Vehicle crime | Under investigation | On or near Oakdene Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |
| May 2024 | Vehicle crime | Under investigation | On or near Wilkinson Way |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |