£726,760
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Aug 1996. 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 |
|---|---|
| £130,000 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,312 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 August 1996 the House Price Index for HERTFORDSHIRE was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £130,000 results in an estimated price of approximately £726,760.
| 23 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £130,000 | £596,760 | £726,760 |
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 | 252.672 % | £328,473 | £458,473 |
| 3 Month Average | 384.240 % | £499,512 | £629,512 |
| 6 Month Average | 433.016 % | £562,920 | £692,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £439,045 | £427,900 | 22 LOWE HOUSE |
| 29 Nov 2023 | £357,064 | £348,000 | 16 LOWE HOUSE |
| 30 Oct 2023 | £460,458 | £450,000 | 45 LOWE HOUSE |
| 8 Sep 2023 | £455,031 | £445,000 | 9 LOWE HOUSE |
| 16 Feb 2023 | £380,240 | £377,700 | 37 LOWE HOUSE |
This house has a floor area of 121 sq meters or 1,312 sq feet when measured on 12 Feb 2010. Using an estimated price of £726,761 means this house is valued at £5,958 per sq meter (£553 per sq foot).
The average size of a house on MILESTONE ROAD is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
| Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
| Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
| Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pondcroft Road |