£420,020
This estimated value is based upon the latest sale price for the house of £340,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £340,000 | 18 Jan 2019 |
| £112,000 | 12 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £340,000 results in an estimated price of approximately £420,020.
| 18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £340,000 | £80,020 | £420,020 |
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 | 21.756 % | £73,970 | £413,970 |
| 3 Month Average | 13.664 % | £46,457 | £386,457 |
| 6 Month Average | 12.859 % | £43,721 | £383,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £338,421 | £332,500 | 15 HERON WAY |
| 1 Dec 2023 | £430,533 | £423,000 | 28 BYRON ROAD |
| 11 Aug 2023 | £332,912 | £330,000 | 44 HERON WAY |
| 31 Mar 2023 | £459,327 | £455,000 | 62 MELBOURN ROAD |
| 5 Oct 2022 | £357,154 | £361,000 | 41 HERON WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Aug 2018. Using an estimated price of £420,021 means this house is valued at £4,200 per sq meter (£390 per sq foot).
The average size of a house on BANNISTER GARDENS is 138 sq meters (1,489 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heron Way |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive | |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive | |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive |