£514,883
This estimated value is based upon the latest sale price for the house of £420,000 on 5 Jul 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near New Close
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123 London Road, Knebworth, SG3 6EX
Phone: 01388741130
Price Paid | Date |
---|---|
£420,000 | 5 Jul 2018 |
£275,000 | 25 May 2005 |
£92,500 | 22 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 22.591%.Applying this 22.591% change to the original purchase price of £420,000 results in an estimated price of approximately £514,883.
5 Jul 2018 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 147.0 | 22.591 % | £420,000 | £94,883 | £514,883 |
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 | 51.077 % | £214,524 | £634,524 |
3 Month Average | -10.996 % | £-46,183 | £373,816 |
6 Month Average | 9.375 % | £39,376 | £459,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £302,885 | £300,000 | 39 PETERS WAY |
4 Oct 2023 | £627,864 | £630,000 | 39 NEW CLOSE |
8 Aug 2023 | £317,838 | £320,000 | 36 KERR CLOSE |
13 May 2022 | £332,488 | £330,000 | 56 KERR CLOSE |
7 Jan 2022 | £364,635 | £350,000 | 19 PETERS WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Sep 2017. Using an estimated price of £514,883 means this house is valued at £7,355 per sq meter (£683 per sq foot).
The average size of a house on NEW CLOSE is 116 sq meters (1,258 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near New Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near New Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stevenage Road |
Jan 2024 | Other theft | Under investigation | On or near Kerr Close |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kerr Close |