£321,889
This estimated value is based upon the latest sale price for the house of £171,000 on 22 Nov 2004. 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 |
|---|---|
| £171,000 | 22 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2004 the House Price Index for HERTFORDSHIRE was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £171,000 results in an estimated price of approximately £321,889.
| 22 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £171,000 | £150,889 | £321,889 |
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 | 89.242 % | £152,603 | £323,603 |
| 3 Month Average | 110.202 % | £188,445 | £359,445 |
| 6 Month Average | 89.365 % | £152,813 | £323,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £404,354 | £400,000 | 12 SANDERS ROAD |
| 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 |
| 23 May 2022 | £480,045 | £471,000 | 1 OAK CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Mar 2019. Using an estimated price of £321,889 means this house is valued at £3,537 per sq meter (£328 per sq foot).
The average size of a house on SANDERS CLOSE is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sanders Road | |
| Mar 2024 | Anti-social behaviour | On or near Sanders Road | |
| Mar 2024 | Anti-social behaviour | On or near Sanders Road | |
| Jan 2024 | Anti-social behaviour | On or near Sanders Road | |
| Jan 2024 | Anti-social behaviour | On or near Sanders Road |