£969,386
This estimated value is based upon the latest sale price for the house of £830,000 on 11 Nov 2020. 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 |
|---|---|
| £830,000 | 11 Nov 2020 |
| 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £830,000 results in an estimated price of approximately £969,386.
| 11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £830,000 | £139,386 | £969,386 |
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 | 39.744 % | £329,875 | £1,159,875 |
| 3 Month Average | 51.066 % | £423,850 | £1,253,850 |
| 6 Month Average | 16.450 % | £136,535 | £966,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £644,641 | £630,000 | 2 CHURCH PLACE |
| 4 Oct 2023 | £644,641 | £630,000 | 39 NEW CLOSE |
| 23 Feb 2022 | £172,203 | £163,000 | 3E - 3F STEVENAGE ROAD |
| 3 Dec 2021 | £944,394 | £875,000 | 22 STEVENAGE ROAD |
| 22 Dec 2020 | £1,237,144 | £1,070,000 | 15 OAKFIELDS ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 30 Sep 2019. Using an estimated price of £969,386 means this house is valued at £6,594 per sq meter (£612 per sq foot).
The average size of a house on OAKFIELDS ROAD is 216 sq meters (2,325 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Stevenage Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stevenage Road |
| Jun 2024 | Anti-social behaviour | On or near Westland Road | |
| Jun 2024 | Anti-social behaviour | On or near Westland Road |