£282,236
This estimated value is based upon the latest sale price for the house of £109,950 on 29 Nov 2002. 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 |
|---|---|
| £109,950 | 29 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2002 the House Price Index for HERTFORDSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £109,950 results in an estimated price of approximately £282,236.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £109,950 | £172,286 | £282,236 |
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 | 111.092 % | £122,145 | £232,095 |
| 3 Month Average | 151.019 % | £166,045 | £275,995 |
| 6 Month Average | 121.345 % | £133,419 | £243,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £400,310 | £396,000 | 100 GREAT ELMS ROAD |
| 13 Feb 2023 | £434,707 | £435,000 | 4 SANDERS CLOSE |
| 13 Jan 2023 | £437,937 | £440,000 | 98 GREAT ELMS ROAD |
| 9 Sep 2022 | £411,676 | £415,000 | 63 BARNFIELD |
| 23 May 2022 | £480,045 | £471,000 | 1 OAK CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Nov 2011. Using an estimated price of £282,236 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on OAK CLOSE is 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oak Close | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Anelle Rise |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Anelle Rise |
| Jan 2024 | Public order | Awaiting court outcome | On or near Anelle Rise |
| Mar 2024 | Anti-social behaviour | On or near Oak Street |