£589,229
This estimated value is based upon the latest sale price for the house of £473,500 on 4 Feb 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 |
---|---|
£473,500 | 4 Feb 2019 |
£250,000 | 22 Dec 2010 |
£249,999 | 19 Jan 2007 |
£112,500 | 20 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 February 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £473,500 results in an estimated price of approximately £589,229.
4 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £473,500 | £115,729 | £589,229 |
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 | 41.569 % | £196,830 | £670,330 |
3 Month Average | 0.937 % | £4,434 | £477,934 |
6 Month Average | 15.056 % | £71,289 | £544,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £564,325 | £550,000 | 31 HOBBS HILL ROAD |
4 Sep 2023 | £286,311 | £280,000 | 10 OLIVER CLOSE |
21 Aug 2023 | £451,137 | £443,000 | 53A OLIVER ROAD |
31 Mar 2023 | £442,388 | £435,000 | 56 OLIVER ROAD |
3 Feb 2023 | £322,152 | £320,000 | 2 OLIVER CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 29 Aug 2018. Using an estimated price of £589,229 means this house is valued at £5,079 per sq meter (£471 per sq foot).
The average size of a house on OLIVER ROAD is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |
May 2024 | Vehicle crime | Under investigation | On or near Wilkinson Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |
May 2024 | Vehicle crime | Under investigation | On or near Wilkinson Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkinson Way |