£337,235
This estimated value is based upon the latest sale price for the house of £198,000 on 8 Sep 2006. 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 |
|---|---|
| £198,000 | 8 Sep 2006 |
| £138,000 | 21 Jun 2002 |
| £75,500 | 4 Jan 1999 |
| Semi-Detached |
| 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 September 2006 the House Price Index for HERTFORDSHIRE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £198,000 results in an estimated price of approximately £337,235.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £198,000 | £139,235 | £337,235 |
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 | 88.450 % | £175,131 | £373,131 |
| 3 Month Average | 85.460 % | £169,211 | £367,211 |
| 6 Month Average | 74.817 % | £148,136 | £346,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £218,947 | £216,000 | 34 ELMCROFT COURT BURNET CLOSE |
| 19 Jun 2023 | £404,905 | £400,000 | 45 REDWOOD DRIVE |
| 6 Apr 2023 | £209,253 | £207,000 | 91 FERN DRIVE |
| 13 Oct 2022 | £192,923 | £195,000 | 93 FERN DRIVE |
| 30 Jun 2022 | £253,584 | £250,000 | 41 FERN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wood Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood Crescent |