£679,426
This estimated value is based upon the latest sale price for the house of £417,000 on 13 Mar 2007. 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 |
|---|---|
| £417,000 | 13 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,666 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 2007 the House Price Index for HERTFORDSHIRE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £417,000 results in an estimated price of approximately £679,426.
| 13 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £417,000 | £262,426 | £679,426 |
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 | 35.729 % | £148,991 | £565,991 |
| 3 Month Average | 65.771 % | £274,265 | £691,265 |
| 6 Month Average | 74.579 % | £310,995 | £727,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £257,926 | £250,000 | FLAT 6 WORDSWORTH COURT, 1 PARK LANE |
| 17 Aug 2023 | £684,343 | £672,000 | 6 LYTTON FIELDS |
| 16 Mar 2023 | £666,124 | £655,000 | 12 OAK TREE GARDENS |
| 6 Jan 2023 | £315,844 | £315,000 | FLAT 3 FERGUSON HOUSE, 4 PARK LANE |
| 26 Sep 2022 | £289,806 | £290,000 | FLAT 1 TRICIA HOUSE, 6 PARK LANE |
This house has a floor area of 154 sq meters or 1,666 sq feet when measured on 5 Apr 2011. Using an estimated price of £679,427 means this house is valued at £4,388 per sq meter (£407 per sq foot).
The average size of a house on PARK LANE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Dancote |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Dancote |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dancote |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Devey Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Devey Close |