£393,846
This estimated value is based upon the latest sale price for the house of £380,000 on 17 May 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 |
---|---|
£380,000 | 17 May 2024 |
£183,500 | 10 Jan 2023 |
£120,000 | 24 May 2019 |
Terraced |
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 May 2024 the House Price Index for HERTFORDSHIRE was 98.8.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 3.644%.Applying this 3.644% change to the original purchase price of £380,000 results in an estimated price of approximately £393,846.
17 May 2024 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.8 | 102.4 | 3.644 % | £380,000 | £13,846 | £393,846 |
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 | -11.806 % | £-44,863 | £335,136 |
3 Month Average | -8.117 % | £-30,845 | £349,154 |
6 Month Average | -3.789 % | £-14,398 | £365,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Sep 2024 | £430,942 | £420,000 | 1B THE HOLT |
23 Aug 2024 | £346,822 | £337,000 | 2 WOODFARM ROAD |
17 May 2024 | £393,846 | £380,000 | 6A THE HOLT |
6 Sep 2023 | £502,084 | £481,000 | 4 SHERBOURNE CLOSE |
28 Apr 2023 | £441,379 | £425,000 | 3 TURNERS HILL |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Possession of weapons | Under investigation | On or near The Chase |
Feb 2025 | Anti-social behaviour | On or near The Chase | |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Turners Hill |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Acre Wood |
Feb 2025 | Anti-social behaviour | On or near Acre Wood |