£639,081
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Jun 2016. 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 |
|---|---|
| £475,000 | 16 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £475,000 results in an estimated price of approximately £639,081.
| 16 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £475,000 | £164,081 | £639,081 |
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 | -32.283 % | £-153,342 | £321,657 |
| 3 Month Average | -27.069 % | £-128,576 | £346,423 |
| 6 Month Average | -2.225 % | £-10,567 | £464,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £1,000,751 | £970,000 | 9 MARDLEY WOOD |
| 4 Aug 2023 | £504,092 | £495,000 | 5 ROSECROFT LANE |
| 11 Nov 2022 | £766,416 | £770,000 | 2 MARDLEY WOOD |
| 25 Oct 2022 | £468,435 | £470,000 | 7 MARDLEY AVENUE |
| 7 Jan 2022 | £758,042 | £715,000 | 14 MARDLEY WOOD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Dec 2015. Using an estimated price of £639,082 means this house is valued at £5,281 per sq meter (£490 per sq foot).
The average size of a house on MARDLEY AVENUE is 161 sq meters (1,739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Mardley Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mardley Heights |
| 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 Robbery Bottom Lane |