£794,963
This estimated value is based upon the latest sale price for the house of £355,000 on 3 Oct 2003. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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123 London Road, Knebworth, SG3 6EX
Phone: 01388741130
| Price Paid | Date |
|---|---|
| £355,000 | 3 Oct 2003 |
| Detached |
| Freehold |
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 October 2003 the House Price Index for HERTFORDSHIRE was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £355,000 results in an estimated price of approximately £794,963.
| 3 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £355,000 | £439,963 | £794,963 |
The Postcode Pricing Model uses changes in average sales price within the SG3 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 | 216.833 % | £769,758 | £1,124,758 |
| 3 Month Average | 91.894 % | £326,223 | £681,223 |
| 6 Month Average | 97.737 % | £346,967 | £701,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £406,011 | £400,000 | 23 NUTCROFT |
| 1 Nov 2023 | £1,040,403 | £1,025,000 | 2 BURY LANE |
| 23 Jun 2022 | £223,154 | £220,000 | 49 NUTCROFT |
| 21 Apr 2022 | £762,051 | £740,000 | 2 RAFFIN CLOSE |
| 3 Nov 2021 | £1,514,119 | £1,400,000 | 70 BURY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Nutcroft | |
| Feb 2024 | Anti-social behaviour | On or near Nutcroft | |
| Feb 2024 | Anti-social behaviour | On or near Nutcroft |