£3,508,408
This estimated value is based upon the latest sale price for the house of £2,840,000 on 10 Jan 2019. 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 |
|---|---|
| £2,840,000 | 10 Jan 2019 |
| 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 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £2,840,000 results in an estimated price of approximately £3,508,408.
| 10 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £2,840,000 | £668,408 | £3,508,408 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | -5.139 % | £-145,958 | £2,694,041 |
| 3 Month Average | 6.923 % | £196,615 | £3,036,615 |
| 6 Month Average | 3.261 % | £92,613 | £2,932,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £464,883 | £458,000 | 1 SIMMONDS RISE |
| 14 Jun 2023 | £394,782 | £390,000 | 40 ST ALBANS ROAD |
| 6 Apr 2023 | £277,993 | £275,000 | 6 BEVAN CLOSE |
| 31 Mar 2023 | £403,804 | £400,000 | 44 ST ALBANS ROAD |
| 16 Aug 2022 | £398,926 | £400,000 | 46 ST ALBANS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wood Lane | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood Lane |
| Mar 2024 | Anti-social behaviour | On or near Wood Lane | |
| Mar 2024 | Anti-social behaviour | On or near Wood Lane | |
| Mar 2024 | Anti-social behaviour | On or near Wood Lane |