£767,367
This estimated value is based upon the latest sale price for the house of £715,000 on 30 Sep 2021. 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 |
|---|---|
| £715,000 | 30 Sep 2021 |
| £465,000 | 1 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £715,000 results in an estimated price of approximately £767,367.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £715,000 | £52,367 | £767,367 |
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 | -26.410 % | £-188,831 | £526,168 |
| 3 Month Average | -27.850 % | £-199,130 | £515,869 |
| 6 Month Average | -9.247 % | £-66,119 | £648,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £1,328,457 | £1,350,000 | 39 MARDLEY HILL |
| 11 Nov 2022 | £757,713 | £770,000 | 2 MARDLEY WOOD |
| 25 Oct 2022 | £463,116 | £470,000 | 7 MARDLEY AVENUE |
| 24 Jun 2022 | £520,273 | £515,000 | 6 SCARFF CLOSE |
| 22 Feb 2022 | £590,120 | £565,000 | 13 SCARFF CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 26 Jun 2021. Using an estimated price of £767,368 means this house is valued at £5,902 per sq meter (£548 per sq foot).
The average size of a house on THE DRIVE is 184 sq meters (1,990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Heath Road | |
| Mar 2024 | Anti-social behaviour | On or near Heath Road | |
| Mar 2024 | Anti-social behaviour | On or near Heath Road | |
| Mar 2024 | Anti-social behaviour | On or near Heath Road |