£1,062,825
This estimated value is based upon the latest sale price for the house of £295,000 on 1 Dec 2000. 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 |
|---|---|
| £295,000 | 1 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 December 2000 the House Price Index for HERTFORDSHIRE was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £295,000 results in an estimated price of approximately £1,062,825.
| 1 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £295,000 | £767,825 | £1,062,825 |
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 | 56.060 % | £165,376 | £460,376 |
| 3 Month Average | 140.694 % | £415,047 | £710,047 |
| 6 Month Average | 250.585 % | £739,224 | £1,034,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £705,444 | £695,000 | 3A HILLSIDE WAY |
| 4 Aug 2023 | £499,369 | £495,000 | 5 ROSECROFT LANE |
| 24 Nov 2022 | £1,333,843 | £1,350,000 | 39 MARDLEY HILL |
| 25 Oct 2022 | £464,993 | £470,000 | 7 MARDLEY AVENUE |
| 7 Oct 2022 | £639,119 | £646,000 | 2 WOODACRE DRIVE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 19 Jul 2021. Using an estimated price of £1,062,825 means this house is valued at £7,701 per sq meter (£715 per sq foot).
The average size of a house on MARDLEY AVENUE is 161 sq meters (1,739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodacre Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodacre Drive |
| Jan 2024 | Public order | Offender given a caution | On or near Woodacre Drive |
| Dec 2023 | Public order | Under investigation | On or near Scarff Close |
| Mar 2024 | Anti-social behaviour | On or near Robbery Bottom Lane |