£512,074
This estimated value is based upon the latest sale price for the house of £470,000 on 22 Nov 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 |
---|---|
£470,000 | 22 Nov 2021 |
£200,000 | 2 Sep 2020 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2021 the House Price Index for HERTFORDSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £470,000 results in an estimated price of approximately £512,074.
22 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £470,000 | £42,074 | £512,074 |
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 | -15.117 % | £-71,047 | £398,952 |
3 Month Average | 24.006 % | £112,829 | £582,829 |
6 Month Average | -2.605 % | £-12,245 | £457,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £420,679 | £410,000 | 124 WADNALL WAY |
17 Feb 2023 | £246,648 | £245,000 | 69 CHERRY CLOSE |
3 Oct 2022 | £498,336 | £500,000 | 17A GUN LANE |
13 Jul 2022 | £484,858 | £480,000 | 21 GUN ROAD GARDENS |
17 Jun 2022 | £621,281 | £608,000 | 1A CRAB TREE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Jul 2020. Using an estimated price of £512,074 means this house is valued at £5,506 per sq meter (£511 per sq foot).
The average size of a house on GUN ROAD GARDENS is 114 sq meters (1,228 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gun Road Gardens |
Jul 2024 | Anti-social behaviour | On or near Crab Tree Road | |
Jul 2024 | Anti-social behaviour | On or near Crab Tree Road | |
Jun 2024 | Anti-social behaviour | On or near Crab Tree Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crab Tree Road |