£602,841
This estimated value is based upon the latest sale price for the house of £410,000 on 8 May 2015. 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 |
|---|---|
| £410,000 | 8 May 2015 |
| £120,000 | 3 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £410,000 results in an estimated price of approximately £602,841.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £410,000 | £192,841 | £602,841 |
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 | 60.646 % | £248,647 | £658,647 |
| 3 Month Average | 30.331 % | £124,356 | £534,356 |
| 6 Month Average | 35.293 % | £144,699 | £554,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £516,736 | £505,000 | 68 OLIVER ROAD |
| 21 Aug 2023 | £451,137 | £443,000 | 53A OLIVER ROAD |
| 31 Mar 2023 | £442,388 | £435,000 | 56 OLIVER ROAD |
| 20 Jan 2023 | £546,460 | £545,000 | 59 OLIVER ROAD |
| 25 Nov 2022 | £449,896 | £452,000 | 46 HOBBS HILL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Jan 2015. Using an estimated price of £602,841 means this house is valued at £7,263 per sq meter (£674 per sq foot).
The average size of a house on OLIVER ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lower Barn |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lower Barn |
| May 2024 | Anti-social behaviour | On or near Lower Barn | |
| May 2024 | Anti-social behaviour | On or near Lower Barn | |
| May 2024 | Anti-social behaviour | On or near Lower Barn |