£1,317,525
This estimated value is based upon the latest sale price for the house of £215,000 on 15 Aug 2024. 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 |
|---|---|
| £215,000 | 15 Aug 2024 |
| £154,995 | 20 Nov 2014 |
| £68,000 | 22 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2024 the House Price Index for HERTFORDSHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £215,000 results in an estimated price of approximately £1,317,525.
| 15 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £215,000 | £1,102,525 | £1,317,525 |
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 | 7.188 % | £15,453 | £230,453 |
| 3 Month Average | -0.954 % | £-2,051 | £212,948 |
| 6 Month Average | -0.647 % | £-1,390 | £213,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £285,726 | £280,000 | 6 FAIRHILL |
| 29 Jul 2022 | £415,160 | £411,000 | 19 FAIRWAY |
| 24 Jun 2022 | £587,560 | £575,000 | 56 FAIRWAY |
| 2 Mar 2022 | £558,504 | £535,000 | 4 FAIRWAY |
| 4 Feb 2022 | £520,305 | £492,500 | 16 OAKDENE ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 14 Jan 2020.
The average size of a house on FAIRHILL is 58 sq meters (627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairhill |
| Aug 2024 | Anti-social behaviour | On or near Fairhill | |
| Aug 2024 | Anti-social behaviour | On or near Fairhill | |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Fairhill |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |