£277,271
This estimated value is based upon the latest sale price for the house of £99,000 on 5 Jul 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 |
|---|---|
| £99,000 | 5 Jul 2002 |
| £47,250 | 14 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 July 2002 the House Price Index for HERTFORDSHIRE was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £99,000 results in an estimated price of approximately £277,271.
| 5 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £99,000 | £178,271 | £277,271 |
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 | 148.195 % | £146,713 | £245,713 |
| 3 Month Average | 183.722 % | £181,884 | £280,884 |
| 6 Month Average | 144.450 % | £143,005 | £242,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £283,433 | £280,000 | 6 FAIRHILL |
| 29 Jul 2022 | £412,109 | £411,000 | 19 FAIRWAY |
| 20 Apr 2022 | £514,900 | £500,000 | 13 GREAT ELMS ROAD |
| 2 Mar 2022 | £554,400 | £535,000 | 4 FAIRWAY |
| 28 Jan 2022 | £641,969 | £610,000 | 6 FAIRWAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Sep 2019. Using an estimated price of £277,272 means this house is valued at £6,027 per sq meter (£559 per sq foot).
The average size of a house on PINECROFT is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pinecroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinecroft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinecroft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinecroft |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Pinecroft |