£642,041
This estimated value is based upon the latest sale price for the house of £379,995 on 5 Apr 2013. 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 |
|---|---|
| £379,995 | 5 Apr 2013 |
| £347,300 | 2 Jun 2008 |
| £203,000 | 9 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 April 2013 the House Price Index for HERTFORDSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £379,995 results in an estimated price of approximately £642,041.
| 5 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £379,995 | £262,046 | £642,041 |
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 | 25.762 % | £97,893 | £477,888 |
| 3 Month Average | 57.189 % | £217,314 | £597,309 |
| 6 Month Average | 59.229 % | £225,066 | £605,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £800,437 | £786,000 | 44 GUN LANE |
| 17 Aug 2023 | £684,343 | £672,000 | 6 LYTTON FIELDS |
| 30 Jun 2023 | £736,765 | £722,000 | 10 GUN LANE |
| 8 Jun 2023 | £510,225 | £500,000 | 25 HORNBEAM SPRING |
| 2 Mar 2023 | £609,173 | £599,000 | 22 HORNBEAM SPRING |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 31 Oct 2012. Using an estimated price of £642,041 means this house is valued at £6,485 per sq meter (£602 per sq foot).
The average size of a house on GUN LANE is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deeping Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hornbeam Spring |
| Sep 2024 | Anti-social behaviour | On or near Hornbeam Spring | |
| Sep 2024 | Anti-social behaviour | On or near Hornbeam Spring | |
| Sep 2024 | Anti-social behaviour | On or near Hornbeam Spring |