£323,783
This estimated value is based upon the latest sale price for the house of £303,000 on 30 Jun 2021. 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 |
|---|---|
| £303,000 | 30 Jun 2021 |
| £252,500 | 28 Aug 2015 |
| £165,500 | 19 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £303,000 results in an estimated price of approximately £323,783.
| 30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £303,000 | £20,783 | £323,783 |
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 | 42.543 % | £128,905 | £431,905 |
| 3 Month Average | -9.310 % | £-28,208 | £274,791 |
| 6 Month Average | -12.393 % | £-37,552 | £265,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £348,295 | £345,000 | 46 BROOM GROVE |
| 21 Apr 2023 | £324,915 | £322,500 | 40 ORCHARD WAY |
| 30 May 2022 | £444,102 | £437,500 | 63 BROOM GROVE |
| 23 May 2022 | £417,202 | £411,000 | 31 BROOM GROVE |
| 13 May 2022 | £609,053 | £600,000 | 5 BELLAMY CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Aug 2020. Using an estimated price of £323,783 means this house is valued at £5,139 per sq meter (£477 per sq foot).
The average size of a house on BROOM GROVE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Broom Grove |
| Apr 2024 | Vehicle crime | Under investigation | On or near Orchard Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bellamy Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bellamy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellamy Close |