£335,881
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Sep 2018. 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 |
|---|---|
| £270,000 | 13 Sep 2018 |
| £255,000 | 15 Nov 2016 |
| £135,000 | 27 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £270,000 results in an estimated price of approximately £335,881.
| 13 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £270,000 | £65,881 | £335,881 |
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 | 27.025 % | £72,968 | £342,968 |
| 3 Month Average | 8.960 % | £24,192 | £294,192 |
| 6 Month Average | 12.490 % | £33,722 | £303,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £368,366 | £360,000 | 6 LOCK HOUSE IMPERIAL WAY |
| 20 Oct 2023 | £578,131 | £565,000 | 77A BELSWAINS LANE |
| 8 Sep 2023 | £741,342 | £725,000 | SHENDISH VIEW, 79 BELSWAINS LANE |
| 4 Sep 2023 | £286,311 | £280,000 | 10 OLIVER CLOSE |
| 3 Feb 2023 | £322,152 | £320,000 | 2 OLIVER CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 3 Dec 2013. Using an estimated price of £335,882 means this house is valued at £5,791 per sq meter (£538 per sq foot).
The average size of a house on OLIVER RISE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Aug 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Aug 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Aug 2024 | Anti-social behaviour | On or near Oliver Rise | |
| Aug 2024 | Anti-social behaviour | On or near Dell Meadow |