£345,810
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £275,000 | 6 Apr 2018 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in April 2018 the House Price Index for CAMBRIDGESHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £275,000 results in an estimated price of approximately £345,810.
| 6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £275,000 | £70,810 | £345,810 |
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 | 10.357 % | £28,481 | £303,481 |
| 3 Month Average | 32.226 % | £88,621 | £363,621 |
| 6 Month Average | 17.730 % | £48,756 | £323,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £400,000 | £400,000 | 42 MEDCALFE WAY |
| 30 Nov 2023 | £477,111 | £465,000 | 64 CLEAR CRESCENT |
| 25 Oct 2023 | £380,134 | £371,500 | 62 CLEAR CRESCENT |
| 6 Sep 2023 | £281,199 | £275,000 | 39 MEDCALFE WAY |
| 26 Jun 2023 | £358,688 | £351,500 | 45 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Palmers Way | |
| Sep 2024 | Anti-social behaviour | On or near Palmers Way | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmers Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Garden End |