£895,594
This estimated value is based upon the latest sale price for the house of £825,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Muirhead Way
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123 London Road, Knebworth, SG3 6EX
Phone: 01388741130
| Price Paid | Date |
|---|---|
| £825,000 | 2 Sep 2021 |
| £349,950 | 25 May 2005 |
| £275,000 | 7 Jun 2002 |
| Detached |
| Freehold |
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 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £825,000 results in an estimated price of approximately £895,594.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £825,000 | £70,594 | £895,594 |
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 | 1.204 % | £9,929 | £834,929 |
| 3 Month Average | 15.721 % | £129,699 | £954,699 |
| 6 Month Average | 8.297 % | £68,452 | £893,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £602,500 | £602,500 | 31 LYTTON FIELDS |
| 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 |
| 26 Sep 2022 | £289,806 | £290,000 | FLAT 1 TRICIA HOUSE, 6 PARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Muirhead Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Muirhead Way |
| Nov 2024 | Public order | Under investigation | On or near Deanscroft |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Broom Grove |
| Nov 2024 | Drugs | Under investigation | On or near Broom Grove |