£422,521
This estimated value is based upon the latest sale price for the house of £340,000 on 5 Dec 2018. 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 |
|---|---|
| £340,000 | 5 Dec 2018 |
| 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £340,000 results in an estimated price of approximately £422,521.
| 5 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £340,000 | £82,521 | £422,521 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 22.957 % | £78,054 | £418,054 |
| 3 Month Average | 13.011 % | £44,236 | £384,236 |
| 6 Month Average | 14.592 % | £49,613 | £389,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £380,000 | £380,000 | 6A THE HOLT |
| 28 Apr 2023 | £433,101 | £425,000 | 3 TURNERS HILL |
| 30 Jun 2022 | £352,536 | £345,000 | 2 LOWER YOTT |
| 15 Mar 2022 | £438,452 | £420,000 | 23 TURNERS HILL |
| 2 Nov 2021 | £435,808 | £400,000 | 27 TURNERS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Holt |
| Aug 2024 | Anti-social behaviour | On or near The Chase | |
| Aug 2024 | Anti-social behaviour | On or near The Chase | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Turners Hill |
| Jun 2024 | Burglary | Under investigation | On or near Turners Hill |