£359,266
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Dec 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 |
|---|---|
| £165,000 | 12 Dec 2003 |
| £77,500 | 10 Jul 1998 |
| £72,000 | 17 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 804 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 December 2003 the House Price Index for HERTFORDSHIRE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £165,000 results in an estimated price of approximately £359,266.
| 12 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £165,000 | £194,266 | £359,266 |
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 | 102.978 % | £169,914 | £334,914 |
| 3 Month Average | 149.247 % | £246,258 | £411,258 |
| 6 Month Average | 111.686 % | £184,281 | £349,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £359,598 | £355,000 | 118 SEATON ROAD |
| 24 Mar 2023 | £393,709 | £390,000 | 12 WHEELERS LANE |
| 17 Jan 2023 | £374,237 | £376,000 | 12 JARMAN CLOSE |
| 21 Jul 2022 | £526,417 | £525,000 | 110 DEACONSFIELD ROAD |
| 17 Jun 2022 | £324,587 | £320,000 | 39 SEMPILL ROAD |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 3 Jun 2011. Using an estimated price of £359,267 means this house is valued at £4,808 per sq meter (£446 per sq foot).
The average size of a house on RUNHAM ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jarman Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Evergreen Walk |
| Apr 2024 | Burglary | Under investigation | On or near Redwood Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood Drive |