£512,588
This estimated value is based upon the latest sale price for the house of £505,000 on 6 Nov 2023. 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 |
|---|---|
| £505,000 | 6 Nov 2023 |
| £220,000 | 21 Mar 2005 |
| £164,000 | 7 Feb 2003 |
| £112,000 | 2 Sep 2002 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £505,000 results in an estimated price of approximately £512,588.
| 6 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £505,000 | £7,588 | £512,588 |
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 | 2.952 % | £14,906 | £519,906 |
| 3 Month Average | 10.633 % | £53,694 | £558,694 |
| 6 Month Average | 3.447 % | £17,405 | £522,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £512,589 | £505,000 | 92 LAWN LANE |
| 25 Aug 2023 | £196,721 | £195,000 | 206C LAWN LANE |
| 15 Aug 2023 | £428,751 | £425,000 | 218 LAWN LANE |
| 31 Jul 2023 | £532,162 | £525,000 | 3 BRIDGEVIEW CLOSE |
| 10 Jan 2023 | £243,851 | £245,000 | FLAT 6 DREW COURT, 70 EBBERNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Feb 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Feb 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Feb 2024 | Anti-social behaviour | On or near Bridgeview Close | |
| Feb 2024 | Anti-social behaviour | On or near Bridgeview Close |