£283,613
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Jan 1996. 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 |
|---|---|
| £50,000 | 31 Jan 1996 |
| 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 January 1996 the House Price Index for HERTFORDSHIRE was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £50,000 results in an estimated price of approximately £283,613.
| 31 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £50,000 | £233,613 | £283,613 |
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 | 418.876 % | £209,438 | £259,438 |
| 3 Month Average | 445.379 % | £222,689 | £272,689 |
| 6 Month Average | 388.306 % | £194,153 | £244,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £345,000 | £345,000 | 57 ST ALBANS HILL |
| 10 Aug 2023 | £337,957 | £335,000 | 21A RISEDALE ROAD |
| 25 Jul 2023 | £304,093 | £300,000 | 8 WELLINGTON COURT ST ALBANS HILL |
| 30 Jun 2023 | £404,905 | £400,000 | 21 RISEDALE ROAD |
| 11 Nov 2022 | £330,991 | £335,000 | 71 ST ALBANS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pamela Avenue |
| Mar 2024 | Anti-social behaviour | On or near Wheelers Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelers Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelers Lane | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wheelers Lane |