£391,564
This estimated value is based upon the latest sale price for the house of £241,000 on 8 Nov 2013. 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 |
|---|---|
| £241,000 | 8 Nov 2013 |
| £220,000 | 21 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2013 the House Price Index for HERTFORDSHIRE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £241,000 results in an estimated price of approximately £391,564.
| 8 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £241,000 | £150,564 | £391,564 |
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 | 52.403 % | £126,291 | £367,291 |
| 3 Month Average | 52.364 % | £126,198 | £367,198 |
| 6 Month Average | 41.302 % | £99,537 | £340,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £464,883 | £458,000 | 1 SIMMONDS RISE |
| 10 Mar 2023 | £403,804 | £400,000 | 7 PANXWORTH ROAD |
| 14 Oct 2022 | £452,627 | £457,500 | 25 LAMSEY ROAD |
| 9 Mar 2022 | £435,230 | £420,000 | 10 WROXHAM AVENUE |
| 21 Feb 2022 | £524,347 | £500,000 | 48 LAMSEY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 2 Apr 2013. Using an estimated price of £391,565 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on WROXHAM AVENUE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Panxworth Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Panxworth Road |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Panxworth Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lamsey Road |
| Mar 2024 | Anti-social behaviour | On or near Lamsey Road |