£816,149
This estimated value is based upon the latest sale price for the house of £249,000 on 21 Sep 2001. 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 |
|---|---|
| £249,000 | 21 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 September 2001 the House Price Index for HERTFORDSHIRE was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £249,000 results in an estimated price of approximately £816,149.
| 21 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £249,000 | £567,149 | £816,149 |
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 | 58.380 % | £145,365 | £394,365 |
| 3 Month Average | 122.750 % | £305,646 | £554,646 |
| 6 Month Average | 235.544 % | £586,503 | £835,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £987,274 | £970,000 | 9 MARDLEY WOOD |
| 3 Jul 2023 | £1,419,100 | £1,400,000 | 4 ROBBERY BOTTOM LANE |
| 11 Nov 2022 | £760,785 | £770,000 | 2 MARDLEY WOOD |
| 7 Jan 2022 | £752,472 | £715,000 | 14 MARDLEY WOOD |
| 24 Nov 2021 | £497,496 | £460,000 | 17 MARLBOROUGH CLOSE |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 28 Nov 2012. Using an estimated price of £816,149 means this house is valued at £4,142 per sq meter (£384 per sq foot).
The average size of a house on MARDLEY HILL is 185 sq meters (1,997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roundabout Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mardley Wood |
| Dec 2023 | Burglary | Under investigation | On or near Mardley Wood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Robbery Bottom Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robbery Bottom Lane |