£525,228
This estimated value is based upon the latest sale price for the house of £276,495 on 31 Dec 2004. 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 |
|---|---|
| £276,495 | 31 Dec 2004 |
| Detached |
| Freehold |
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 2004 the House Price Index for HERTFORDSHIRE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £276,495 results in an estimated price of approximately £525,228.
| 31 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £276,495 | £248,733 | £525,228 |
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 | 107.761 % | £297,953 | £574,448 |
| 3 Month Average | 87.002 % | £240,556 | £517,051 |
| 6 Month Average | 79.250 % | £219,123 | £495,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £343,041 | £332,500 | 15 HERON WAY |
| 1 Dec 2023 | £436,410 | £423,000 | 28 BYRON ROAD |
| 11 Aug 2023 | £336,061 | £330,000 | 44 HERON WAY |
| 5 Oct 2022 | £359,798 | £361,000 | 41 HERON WAY |
| 29 Sep 2022 | £509,660 | £510,000 | 14 CORVUS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Heron Way | |
| Jun 2024 | Anti-social behaviour | On or near Heron Way | |
| Jun 2024 | Anti-social behaviour | On or near Byron Road | |
| Jun 2024 | Anti-social behaviour | On or near Byron Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |