£423,057
This estimated value is based upon the latest sale price for the house of £287,000 on 24 Mar 2015. 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 |
|---|---|
| £287,000 | 24 Mar 2015 |
| £239,950 | 30 Oct 2007 |
| £93,000 | 12 May 2003 |
| £60,000 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2015 the House Price Index for HERTFORDSHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £287,000 results in an estimated price of approximately £423,057.
| 24 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £287,000 | £136,057 | £423,057 |
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 | 49.644 % | £142,479 | £429,479 |
| 3 Month Average | 35.320 % | £101,367 | £388,367 |
| 6 Month Average | 32.558 % | £93,442 | £380,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £384,922 | £380,000 | 3 HANCROFT ROAD |
| 30 Jun 2023 | £419,582 | £414,500 | 10 HANCROFT ROAD |
| 16 Jun 2023 | £490,947 | £485,000 | 11 GREAT WHITES ROAD |
| 2 Jun 2023 | £253,065 | £250,000 | 93 STONELEA ROAD |
| 16 Aug 2022 | £404,910 | £406,000 | 5 HANCROFT ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 Dec 2014. Using an estimated price of £423,057 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on SHEEPHOUSE ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Sheephouse Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Sheephouse Road |
| Mar 2024 | Anti-social behaviour | On or near Sheephouse Road | |
| Mar 2024 | Anti-social behaviour | On or near Sheephouse Road | |
| Feb 2024 | Anti-social behaviour | On or near Sheephouse Road |