£637,310
This estimated value is based upon the latest sale price for the house of £520,000 on 6 Aug 2019. 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 |
|---|---|
| £520,000 | 6 Aug 2019 |
| £290,000 | 29 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £520,000 results in an estimated price of approximately £637,310.
| 6 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £520,000 | £117,310 | £637,310 |
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 | 19.954 % | £103,763 | £623,763 |
| 3 Month Average | -23.435 % | £-121,861 | £398,138 |
| 6 Month Average | -13.562 % | £-70,522 | £449,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £348,295 | £345,000 | 46 BROOM GROVE |
| 21 Apr 2023 | £324,915 | £322,500 | 40 ORCHARD WAY |
| 30 May 2022 | £444,102 | £437,500 | 63 BROOM GROVE |
| 23 May 2022 | £417,202 | £411,000 | 31 BROOM GROVE |
| 10 Feb 2022 | £731,122 | £700,000 | 4 OAK TREE GARDENS |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 21 Sep 2018. Using an estimated price of £637,310 means this house is valued at £5,139 per sq meter (£477 per sq foot).
The average size of a house on BROOM GROVE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Broom Grove |
| Apr 2024 | Vehicle crime | Under investigation | On or near Orchard Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bellamy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellamy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellamy Close |