£802,454
This estimated value is based upon the latest sale price for the house of £572,000 on 23 Nov 2015. 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 |
|---|---|
| £572,000 | 23 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £572,000 results in an estimated price of approximately £802,454.
| 23 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £572,000 | £230,454 | £802,454 |
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 | -23.707 % | £-135,605 | £436,394 |
| 3 Month Average | 10.391 % | £59,434 | £631,434 |
| 6 Month Average | 39.363 % | £225,154 | £797,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 13 May 2022 | £616,049 | £600,000 | 5 BELLAMY CLOSE |
| 10 Feb 2022 | £739,520 | £700,000 | 4 OAK TREE GARDENS |
| 24 Nov 2021 | £408,570 | £375,000 | 1B DEARDS WOOD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Jul 2015. Using an estimated price of £802,455 means this house is valued at £7,229 per sq meter (£671 per sq foot).
The average size of a house on PARK LANE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keiths Wood |
| Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Deards Wood |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Devey Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Devey Close |
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Dancote |