£296,496
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Oct 2019. 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 |
|---|---|
| £240,000 | 2 Oct 2019 |
| £60,000 | 10 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £240,000 results in an estimated price of approximately £296,496.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £240,000 | £56,496 | £296,496 |
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 | 8.995 % | £21,587 | £261,587 |
| 3 Month Average | 11.416 % | £27,397 | £267,397 |
| 6 Month Average | 8.615 % | £20,676 | £260,676 |
| 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 65 sq meters or 699 sq feet when measured on 30 Mar 2019. Using an estimated price of £296,496 means this house is valued at £4,561 per sq meter (£423 per sq foot).
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 |