£477,611
This estimated value is based upon the latest sale price for the house of £387,500 on 7 Feb 2020. 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 |
|---|---|
| £387,500 | 7 Feb 2020 |
| £275,000 | 9 May 2007 |
| £242,500 | 27 Jun 2003 |
| £198,500 | 25 Oct 2002 |
| £104,500 | 5 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £387,500 results in an estimated price of approximately £477,611.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £387,500 | £90,111 | £477,611 |
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 | 128.126 % | £496,488 | £883,988 |
| 3 Month Average | -0.044 % | £-169 | £387,330 |
| 6 Month Average | 0.688 % | £2,666 | £390,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £544,730 | £540,000 | 97 MELBOURN ROAD |
| 22 Nov 2023 | £369,376 | £360,000 | 6 GAGE CLOSE |
| 9 Nov 2023 | £441,199 | £430,000 | 20 CHERRY DRIVE |
| 31 Mar 2023 | £462,728 | £455,000 | 62 MELBOURN ROAD |
| 20 Jul 2022 | £459,605 | £455,000 | 105 MELBOURN ROAD |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 9 Jan 2012. Using an estimated price of £477,612 means this house is valued at £4,522 per sq meter (£420 per sq foot).
The average size of a house on MELBOURN ROAD is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Melbourn Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Drive |
| May 2024 | Bicycle theft | Unable to prosecute suspect | On or near Green Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |