£354,907
This estimated value is based upon the latest sale price for the house of £285,000 on 9 May 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 |
|---|---|
| £285,000 | 9 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £285,000 results in an estimated price of approximately £354,907.
| 9 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £285,000 | £69,907 | £354,907 |
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 | 49.589 % | £141,330 | £426,330 |
| 3 Month Average | 40.594 % | £115,693 | £400,693 |
| 6 Month Average | 24.081 % | £68,629 | £353,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £341,851 | £335,000 | 3 TEASDALE CLOSE |
| 18 Jul 2022 | £336,876 | £333,500 | 3 SWINBURNE CLOSE |
| 25 Mar 2022 | £324,663 | £311,000 | 18 SHELLEY CLOSE |
| 3 Dec 2021 | £339,982 | £315,000 | 10 TEASDALE CLOSE |
| 14 Oct 2021 | £139,334 | £125,000 | 20 TENNYSON COURT TENNYSON CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 3 Jul 2018. Using an estimated price of £354,907 means this house is valued at £3,857 per sq meter (£358 per sq foot).
The average size of a house on BURNS ROAD is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Swinburne Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Tennyson Close |
| Aug 2024 | Anti-social behaviour | On or near Wordsworth Close | |
| Aug 2024 | Anti-social behaviour | On or near Wordsworth Close | |
| Aug 2024 | Anti-social behaviour | On or near Wordsworth Close |