£357,063
This estimated value is based upon the latest sale price for the house of £348,000 on 29 Nov 2023. 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 |
|---|---|
| £348,000 | 29 Nov 2023 |
| £244,616 | 23 Jan 2023 |
| £245,070 | 30 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 November 2023 the House Price Index for HERTFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £348,000 results in an estimated price of approximately £357,063.
| 29 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £348,000 | £9,063 | £357,063 |
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 | 24.910 % | £86,686 | £434,686 |
| 3 Month Average | -13.948 % | £-48,538 | £299,461 |
| 6 Month Average | 5.978 % | £20,801 | £368,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £252,190 | £250,000 | 7 STATION ROAD |
| 29 Nov 2023 | £357,064 | £348,000 | 16 LOWE HOUSE |
| 29 Nov 2023 | £439,045 | £427,900 | 22 LOWE HOUSE |
| 30 Oct 2023 | £460,458 | £450,000 | 45 LOWE HOUSE |
| 8 Sep 2023 | £455,031 | £445,000 | 9 LOWE HOUSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Aug 2020. Using an estimated price of £357,064 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on LOWE HOUSE is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Supermarket |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |
| Jul 2024 | Anti-social behaviour | On or near Milestone Road |