£344,128
This estimated value is based upon the latest sale price for the house of £203,000 on 18 Jan 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 |
|---|---|
| £203,000 | 18 Jan 2013 |
| £170,000 | 3 Jun 2010 |
| £177,000 | 3 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 357 sq meters or 3,843 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 January 2013 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £203,000 results in an estimated price of approximately £344,128.
| 18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £203,000 | £141,128 | £344,128 |
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 | 52.037 % | £105,635 | £308,635 |
| 3 Month Average | 49.629 % | £100,746 | £303,746 |
| 6 Month Average | 39.224 % | £79,624 | £282,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £400,310 | £396,000 | 100 GREAT ELMS ROAD |
| 13 Feb 2023 | £434,707 | £435,000 | 4 SANDERS CLOSE |
| 13 Jan 2023 | £437,937 | £440,000 | 98 GREAT ELMS ROAD |
| 9 Sep 2022 | £411,676 | £415,000 | 63 BARNFIELD |
| 23 May 2022 | £480,045 | £471,000 | 1 OAK CLOSE |
This house has a floor area of 357 sq meters or 3,843 sq feet when measured on 4 Feb 2010. Using an estimated price of £344,128 means this house is valued at £963 per sq meter (£89 per sq foot).
The average size of a house on GREAT ELMS ROAD is 95 sq meters (1,025 sq feet).
This house is the largest in the street with a floor area of 357 sq meters (3,843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Elms Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Elms Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Anelle Rise |
| Jan 2024 | Other crime | Under investigation | On or near Anelle Rise |