£642,188
This estimated value is based upon the latest sale price for the house of £595,000 on 3 Dec 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 |
---|---|
£595,000 | 3 Dec 2021 |
£290,000 | 14 Jul 2011 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,080 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 December 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £595,000 results in an estimated price of approximately £642,188.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £595,000 | £47,188 | £642,188 |
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 | -23.548 % | £-140,111 | £454,888 |
3 Month Average | -2.582 % | £-15,365 | £579,634 |
6 Month Average | 8.264 % | £49,171 | £644,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £439,045 | £427,900 | 22 LOWE HOUSE |
29 Nov 2023 | £357,064 | £348,000 | 16 LOWE HOUSE |
30 Oct 2023 | £460,458 | £450,000 | 45 LOWE HOUSE |
8 Sep 2023 | £455,031 | £445,000 | 9 LOWE HOUSE |
16 Feb 2023 | £380,240 | £377,700 | 37 LOWE HOUSE |
This house has a floor area of 100 sq meters or 1,080 sq feet when measured on 16 Mar 2011. Using an estimated price of £642,188 means this house is valued at £6,396 per sq meter (£594 per sq foot).
The average size of a house on MILESTONE ROAD is 121 sq meters (1,310 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
Jul 2024 | Anti-social behaviour | On or near Milestone Road | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pondcroft Road |