£1,063,413
This estimated value is based upon the latest sale price for the house of £630,000 on 6 Feb 2013. 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 |
|---|---|
| £630,000 | 6 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 February 2013 the House Price Index for HERTFORDSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £630,000 results in an estimated price of approximately £1,063,413.
| 6 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £630,000 | £433,413 | £1,063,413 |
The Postcode Pricing Model uses changes in average sales price within the AL6 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 | -23.552 % | £-148,378 | £481,621 |
| 3 Month Average | 44.850 % | £282,552 | £912,552 |
| 6 Month Average | 97.568 % | £614,680 | £1,244,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £987,274 | £970,000 | 9 MARDLEY WOOD |
| 9 Nov 2023 | £1,370,287 | £1,350,000 | 3 BRIARY WOOD LANE |
| 27 Jul 2023 | £937,619 | £925,000 | 8 BRIARY WOOD END |
| 11 Dec 2020 | £705,844 | £615,000 | 24 MARLBOROUGH CLOSE |
| 10 Dec 2020 | £826,354 | £720,000 | 3 MARDLEY WOOD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 11 Jun 2012. Using an estimated price of £1,063,413 means this house is valued at £7,234 per sq meter (£672 per sq foot).
The average size of a house on HANGMANS LANE is 190 sq meters (2,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roundabout Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mardley Wood |
| Dec 2023 | Burglary | Under investigation | On or near Mardley Wood |
| Mar 2024 | Vehicle crime | Under investigation | On or near Briary Wood End |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Mardley Hill |