£551,859
This estimated value is based upon the latest sale price for the house of £370,000 on 9 Dec 2014. 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 |
|---|---|
| £370,000 | 9 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £370,000 results in an estimated price of approximately £551,859.
| 9 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £370,000 | £181,859 | £551,859 |
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 | 31.528 % | £116,651 | £486,651 |
| 3 Month Average | 66.310 % | £245,346 | £615,346 |
| 6 Month Average | 37.224 % | £137,728 | £507,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £292,620 | £287,500 | 27 IMPERIAL WAY |
| 8 Sep 2023 | £734,390 | £725,000 | SHENDISH VIEW, 79 BELSWAINS LANE |
| 4 Sep 2023 | £283,626 | £280,000 | 10 OLIVER CLOSE |
| 3 Feb 2023 | £319,785 | £320,000 | 2 OLIVER CLOSE |
| 14 Oct 2022 | £296,804 | £300,000 | 53 IMPERIAL WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 29 May 2014. Using an estimated price of £551,859 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on BELSWAINS LANE is 98 sq meters (1,059 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 |