£377,425
This estimated value is based upon the latest sale price for the house of £289,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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20-22 Market Hill, Royston, SG8 9JG
Phone: 01763761458
| Price Paid | Date |
|---|---|
| £289,000 | 9 Dec 2016 |
| £161,000 | 10 Oct 2003 |
| £129,995 | 29 Apr 2002 |
| £69,995 | 20 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £289,000 results in an estimated price of approximately £377,425.
| 9 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £289,000 | £88,425 | £377,425 |
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 | -14.640 % | £-42,308 | £246,691 |
| 3 Month Average | 1.733 % | £5,009 | £294,009 |
| 6 Month Average | 12.211 % | £35,290 | £324,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £382,231 | £375,000 | 10 SHEPHERD CLOSE |
| 9 Jun 2023 | £298,924 | £296,500 | 55 SHAFTESBURY WAY |
| 11 May 2022 | £289,300 | £285,000 | 39 SHAFTESBURY WAY |
| 11 Mar 2022 | £278,661 | £270,000 | 41 SHAFTESBURY WAY |
| 10 Feb 2022 | £235,004 | £225,000 | 48 WOOLSGROVE COURT SHAFTESBURY WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jul 2016. Using an estimated price of £377,426 means this house is valued at £5,032 per sq meter (£467 per sq foot).
The average size of a house on SHEPHERD CLOSE is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Shepherd Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shepherd Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherd Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shepherd Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherd Close |