£424,544
This estimated value is based upon the latest sale price for the house of £345,000 on 23 Aug 2019. 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 |
|---|---|
| £345,000 | 23 Aug 2019 |
| £276,000 | 10 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £345,000 results in an estimated price of approximately £424,544.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £345,000 | £79,544 | £424,544 |
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 | 37.702 % | £130,070 | £475,070 |
| 3 Month Average | 24.652 % | £85,050 | £430,050 |
| 6 Month Average | 2.037 % | £7,026 | £352,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £277,993 | £275,000 | 6 BEVAN CLOSE |
| 10 Mar 2023 | £403,804 | £400,000 | 7 PANXWORTH ROAD |
| 14 Oct 2022 | £452,627 | £457,500 | 25 LAMSEY ROAD |
| 9 Mar 2022 | £435,230 | £420,000 | 10 WROXHAM AVENUE |
| 21 Feb 2022 | £524,347 | £500,000 | 48 LAMSEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Jun 2018. Using an estimated price of £424,545 means this house is valued at £4,824 per sq meter (£448 per sq foot).
The average size of a house on WROXHAM AVENUE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Panxworth Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Panxworth Road |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way |