£381,570
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Jun 2010. 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 |
|---|---|
| £225,000 | 15 Jun 2010 |
| £178,000 | 2 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2010 the House Price Index for HERTFORDSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £225,000 results in an estimated price of approximately £381,570.
| 15 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £225,000 | £156,570 | £381,570 |
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 | 29.551 % | £66,490 | £291,490 |
| 3 Month Average | 74.803 % | £168,307 | £393,307 |
| 6 Month Average | 48.808 % | £109,817 | £334,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £558,265 | £550,000 | 31 HOBBS HILL ROAD |
| 4 Sep 2023 | £283,626 | £280,000 | 10 OLIVER CLOSE |
| 21 Aug 2023 | £446,910 | £443,000 | 53A OLIVER ROAD |
| 31 Mar 2023 | £439,137 | £435,000 | 56 OLIVER ROAD |
| 3 Feb 2023 | £319,785 | £320,000 | 2 OLIVER CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Aug 2012. Using an estimated price of £381,571 means this house is valued at £5,299 per sq meter (£492 per sq foot).
The average size of a house on OLIVER ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Mar 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Feb 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Feb 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Feb 2024 | Anti-social behaviour | On or near Oliver Rise |