£387,920
This estimated value is based upon the latest sale price for the house of £195,000 on 27 May 2004. 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 |
|---|---|
| £195,000 | 27 May 2004 |
| 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 May 2004 the House Price Index for HERTFORDSHIRE was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £195,000 results in an estimated price of approximately £387,920.
| 27 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £195,000 | £192,920 | £387,920 |
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 | 106.422 % | £207,522 | £402,522 |
| 3 Month Average | 106.046 % | £206,790 | £401,790 |
| 6 Month Average | 91.948 % | £179,299 | £374,299 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Jan 2017.
The average size of a house on PANXWORTH ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Panxworth Road |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Panxworth Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Panxworth Road |
| Dec 2023 | Anti-social behaviour | On or near Bevan Close | |
| Dec 2023 | Anti-social behaviour | On or near Bevan Close |