£913,375
This estimated value is based upon the latest sale price for the house of £540,000 on 14 Dec 2012. 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 Haywoods Lane
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £540,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 2012 the House Price Index for HERTFORDSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £540,000 results in an estimated price of approximately £913,375.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £540,000 | £373,375 | £913,375 |
The Postcode Pricing Model uses changes in average sales price within the SG8 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 | 30.486 % | £164,626 | £704,626 |
| 3 Month Average | 43.133 % | £232,918 | £772,918 |
| 6 Month Average | 50.762 % | £274,117 | £814,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £223,918 | £220,000 | 32 COLLINGWOOD COURT |
| 9 Nov 2023 | £436,462 | £430,000 | 20 CHERRY DRIVE |
| 14 Sep 2023 | £202,590 | £200,000 | 7 COLLINGWOOD COURT |
| 7 Jul 2023 | £182,456 | £180,000 | 39 COLLINGWOOD COURT |
| 31 Mar 2023 | £459,327 | £455,000 | 62 MELBOURN ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 12 Nov 2012. Using an estimated price of £913,376 means this house is valued at £4,636 per sq meter (£430 per sq foot).
The average size of a house on HALF ACRE is 265 sq meters (2,852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Haywoods Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stamford Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heron Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollies Close |