£389,356
This estimated value is based upon the latest sale price for the house of £247,000 on 30 Jul 2007. 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 |
|---|---|
| £247,000 | 30 Jul 2007 |
| £81,000 | 20 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2007 the House Price Index for HERTFORDSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £247,000 results in an estimated price of approximately £389,356.
| 30 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £247,000 | £142,356 | £389,356 |
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 | 64.175 % | £158,511 | £405,511 |
| 3 Month Average | 83.077 % | £205,200 | £452,200 |
| 6 Month Average | 56.685 % | £140,012 | £387,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £404,354 | £400,000 | 12 SANDERS ROAD |
| 27 Mar 2023 | £497,184 | £492,500 | 63 HILL COMMON |
| 16 Aug 2022 | £433,832 | £435,000 | 22 MARKET OAK LANE |
| 16 Mar 2022 | £414,505 | £400,000 | 383 BARNACRES ROAD |
| 1 Mar 2022 | £344,039 | £332,000 | 43 SANDERS ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 Nov 2021. Using an estimated price of £389,356 means this house is valued at £6,279 per sq meter (£583 per sq foot).
The average size of a house on BARNACRES ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Horselers |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Market Oak Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Oak Lane |
| Apr 2024 | Anti-social behaviour | On or near Sanders Road | |
| Mar 2024 | Anti-social behaviour | On or near Sanders Road |