£666,124
This estimated value is based upon the latest sale price for the house of £655,000 on 16 Mar 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Muirhead Way
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123 London Road, Knebworth, SG3 6EX
Phone: 01388741130
| Price Paid | Date |
|---|---|
| £655,000 | 16 Mar 2023 |
| £550,000 | 6 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 March 2023 the House Price Index for HERTFORDSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £655,000 results in an estimated price of approximately £666,124.
| 16 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £655,000 | £11,124 | £666,124 |
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 | -13.472 % | £-88,244 | £566,755 |
| 3 Month Average | -8.221 % | £-53,847 | £601,152 |
| 6 Month Average | -2.343 % | £-15,344 | £639,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £666,124 | £655,000 | 12 OAK TREE GARDENS |
| 26 Sep 2022 | £289,806 | £290,000 | FLAT 1 TRICIA HOUSE, 6 PARK LANE |
| 30 May 2022 | £449,203 | £437,500 | 63 BROOM GROVE |
| 23 May 2022 | £421,994 | £411,000 | 31 BROOM GROVE |
| 13 May 2022 | £616,049 | £600,000 | 5 BELLAMY CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 Sep 2016. Using an estimated price of £666,124 means this house is valued at £5,742 per sq meter (£533 per sq foot).
The average size of a house on OAK TREE GARDENS is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Muirhead Way |
| Aug 2024 | Other theft | Under investigation | On or near Muirhead Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keiths Wood |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Deanscroft |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deanscroft |