£347,663
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Sep 2023. 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 |
|---|---|
| £340,000 | 29 Sep 2023 |
| £182,875 | 1 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £340,000 results in an estimated price of approximately £347,663.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £340,000 | £7,663 | £347,663 |
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 | -7.824 % | £-26,603 | £313,396 |
| 3 Month Average | 15.512 % | £52,741 | £392,741 |
| 6 Month Average | -9.563 % | £-32,514 | £307,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £507,597 | £492,000 | 21 WESTLAND ROAD |
| 15 Dec 2023 | £302,805 | £293,500 | 8 KERR CLOSE |
| 26 Oct 2023 | £439,993 | £430,000 | 4 WESTLAND ROAD |
| 19 Oct 2023 | £644,641 | £630,000 | 2 CHURCH PLACE |
| 29 Sep 2023 | £347,664 | £340,000 | 7 WESTLAND ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Dec 2013. Using an estimated price of £347,664 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on WESTLAND ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Westland Road | |
| Jun 2024 | Anti-social behaviour | On or near Westland Road | |
| Apr 2024 | Violence and sexual offences | On or near Knebworth (Station) | |
| Apr 2024 | Violence and sexual offences | On or near Knebworth (Station) | |
| Apr 2024 | Violence and sexual offences | On or near Knebworth (Station) |