£504,306
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Nov 2011. 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 |
|---|---|
| £285,000 | 10 Nov 2011 |
| £174,000 | 6 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 920 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 November 2011 the House Price Index for HERTFORDSHIRE was 57.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 76.950%.Applying this 76.950% change to the original purchase price of £285,000 results in an estimated price of approximately £504,306.
| 10 Nov 2011 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.7 | 102.1 | 76.950 % | £285,000 | £219,306 | £504,306 |
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 | 52.549 % | £149,765 | £434,765 |
| 3 Month Average | 57.356 % | £163,465 | £448,465 |
| 6 Month Average | 54.724 % | £155,964 | £440,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2024 | £460,411 | £455,000 | 13 FAIRWAY |
| 15 Aug 2024 | £220,176 | £215,000 | 1 FAIRHILL |
| 23 Feb 2024 | £261,795 | £250,000 | 31 GREAT ELMS ROAD |
| 8 Sep 2023 | £374,679 | £360,000 | 24 FAIRWAY |
| 21 Jun 2023 | £290,234 | £280,000 | 6 FAIRHILL |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 13 Jun 2011. Using an estimated price of £504,307 means this house is valued at £5,898 per sq meter (£547 per sq foot).
The average size of a house on FAIRWAY is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairhill |
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakdene Road |
| Nov 2024 | Possession of weapons | Under investigation | On or near Oakdene Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairacre |
| Feb 2025 | Shoplifting | Under investigation | On or near Pinecroft |