£1,078,205
This estimated value is based upon the latest sale price for the house of £875,000 on 29 May 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 |
|---|---|
| £875,000 | 29 May 2020 |
| £272,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 248 sq meters or 2,669 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £875,000 results in an estimated price of approximately £1,078,205.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £875,000 | £203,205 | £1,078,205 |
The Postcode Pricing Model uses changes in average sales price within the AL6 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 | -13.384 % | £-117,112 | £757,887 |
| 3 Month Average | 23.747 % | £207,786 | £1,082,786 |
| 6 Month Average | 14.889 % | £130,281 | £1,005,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £761,703 | £750,000 | 13B WOODLAND WAY |
| 22 Jun 2023 | £1,428,630 | £1,400,000 | 12A FIRWAY |
| 31 Jan 2023 | £1,128,014 | £1,125,000 | 7B OAKLANDS RISE |
| 12 Jan 2023 | £1,629,354 | £1,625,000 | 37 TURPINS CHASE |
| 24 Nov 2021 | £501,179 | £460,000 | 17 MARLBOROUGH CLOSE |
This house has a floor area of 248 sq meters or 2,669 sq feet when measured on 13 Jun 2019. Using an estimated price of £1,078,206 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on ROBBERY BOTTOM LANE is 149 sq meters (1,608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Larch Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Larch Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Walk |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Walk |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Walk |