£484,404
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Dec 2015. 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 |
|---|---|
| £350,000 | 14 Dec 2015 |
| £224,000 | 10 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £350,000 results in an estimated price of approximately £484,404.
| 14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £350,000 | £134,404 | £484,404 |
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 | 27.075 % | £94,764 | £444,764 |
| 3 Month Average | 17.997 % | £62,990 | £412,990 |
| 6 Month Average | 22.249 % | £77,869 | £427,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £436,462 | £430,000 | 20 CHERRY DRIVE |
| 7 Jul 2023 | £425,730 | £420,000 | 27 LIME GROVE |
| 21 Feb 2022 | £498,130 | £475,000 | 11 SISKIN CLOSE |
| 26 Jan 2022 | £505,156 | £480,000 | 16 CHERRY DRIVE |
| 10 Dec 2021 | £460,692 | £430,000 | 32 CHERRY DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 27 Oct 2015. Using an estimated price of £484,405 means this house is valued at £4,403 per sq meter (£409 per sq foot).
The average size of a house on MAPLE WAY is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple 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 | |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive |