£298,895
This estimated value is based upon the latest sale price for the house of £245,000 on 29 Jun 2020. 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 |
|---|---|
| £245,000 | 29 Jun 2020 |
| £152,000 | 22 Oct 2010 |
| £132,000 | 12 May 2006 |
| £96,950 | 16 Nov 2001 |
| £84,000 | 28 Apr 2000 |
| £54,500 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £245,000 results in an estimated price of approximately £298,895.
| 29 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £245,000 | £53,895 | £298,895 |
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 | 126.627 % | £310,235 | £555,235 |
| 3 Month Average | 10.893 % | £26,687 | £271,687 |
| 6 Month Average | 10.855 % | £26,594 | £271,594 |
| 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 61 sq meters or 656 sq feet when measured on 8 Apr 2019. Using an estimated price of £298,895 means this house is valued at £4,899 per sq meter (£455 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 |