£574,803
This estimated value is based upon the latest sale price for the house of £465,000 on 8 May 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 |
|---|---|
| £465,000 | 8 May 2019 |
| £310,000 | 5 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £465,000 results in an estimated price of approximately £574,803.
| 8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £465,000 | £109,803 | £574,803 |
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 | -0.124 % | £-575 | £464,424 |
| 3 Month Average | 17.363 % | £80,738 | £545,738 |
| 6 Month Average | 0.423 % | £1,965 | £466,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £283,626 | £280,000 | 10 OLIVER CLOSE |
| 3 Feb 2023 | £319,785 | £320,000 | 2 OLIVER CLOSE |
| 29 Nov 2022 | £429,794 | £435,000 | 1 ASH GROVE |
| 8 Jul 2022 | £270,729 | £270,000 | 25 IMPERIAL WAY |
| 10 Jun 2022 | £431,092 | £425,000 | 71 EVANS WHARF |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jan 2019. Using an estimated price of £574,804 means this house is valued at £6,114 per sq meter (£568 per sq foot).
The average size of a house on BELSWAINS LANE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belswains Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Imperial Way |
| Mar 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Mar 2024 | Anti-social behaviour | On or near Oliver Rise |