£1,591,460
This estimated value is based upon the latest sale price for the house of £1,550,000 on 27 May 2022. 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 |
|---|---|
| £1,550,000 | 27 May 2022 |
| £720,000 | 7 Apr 2017 |
| Detached |
| Freehold |
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 May 2022 the House Price Index for HERTFORDSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £1,550,000 results in an estimated price of approximately £1,591,460.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £1,550,000 | £41,460 | £1,591,460 |
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 | -45.557 % | £-706,131 | £843,868 |
| 3 Month Average | -29.151 % | £-451,845 | £1,098,154 |
| 6 Month Average | 6.200 % | £96,097 | £1,646,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £378,285 | £375,000 | 21 ORCHARD WAY |
| 28 Feb 2023 | £327,186 | £325,000 | 75 ORCHARD WAY |
| 17 Nov 2022 | £317,515 | £319,000 | 60 ORCHARD WAY |
| 31 May 2022 | £297,757 | £290,000 | 91 ORCHARD WAY |
| 27 May 2022 | £1,591,461 | £1,550,000 | 75 PARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broom Grove |
| Oct 2024 | Burglary | Under investigation | On or near Muirhead Way |