£699,423
This estimated value is based upon the latest sale price for the house of £410,000 on 14 Jul 2011. 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 |
|---|---|
| £410,000 | 14 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,109 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 July 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £410,000 results in an estimated price of approximately £699,423.
| 14 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £410,000 | £289,423 | £699,423 |
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 | -10.453 % | £-42,855 | £367,144 |
| 3 Month Average | 27.297 % | £111,917 | £521,917 |
| 6 Month Average | 87.294 % | £357,904 | £767,904 |
This house has a floor area of 103 sq meters or 1,109 sq feet when measured on 15 Mar 2011.
The average size of a house on THE DRIVE is 184 sq meters (1,990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Under investigation | On or near Scarff Close |
| Mar 2024 | Anti-social behaviour | On or near Heath Road | |
| Mar 2024 | Anti-social behaviour | On or near Heath Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mardley Wood |
| Dec 2023 | Burglary | Under investigation | On or near Mardley Wood |