£480,866
This estimated value is based upon the latest sale price for the house of £450,000 on 30 Jun 2021. 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 |
---|---|
£450,000 | 30 Jun 2021 |
£250,000 | 12 Nov 2010 |
£204,950 | 28 Aug 2003 |
Detached |
Freehold |
Floor Area: 81 sq meters or 881 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £450,000 results in an estimated price of approximately £480,866.
30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £450,000 | £30,866 | £480,866 |
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 | -9.536 % | £-42,909 | £407,090 |
3 Month Average | -1.821 % | £-8,195 | £441,804 |
6 Month Average | 2.095 % | £9,427 | £459,427 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £455,852 | £450,000 | 52 REDWING RISE |
9 Aug 2023 | £520,415 | £517,250 | 132 REDWING RISE |
28 Mar 2022 | £407,671 | £395,000 | 91 REDWING RISE |
21 Mar 2022 | £371,548 | £360,000 | 72 REDWING RISE |
10 Feb 2022 | £430,318 | £412,000 | 136 REDWING RISE |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 12 Jul 2010. Using an estimated price of £480,866 means this house is valued at £5,874 per sq meter (£545 per sq foot).
The average size of a house on REDWING RISE is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Redwing Rise |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pipit Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pipit Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Kestral Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fieldfare Way |