£381,006
This estimated value is based upon the latest sale price for the house of £75,950 on 28 Jul 1997. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Green Street
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £75,950 | 28 Jul 1997 |
| Semi-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 July 1997 the House Price Index for HERTFORDSHIRE was 29.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 401.654%.Applying this 401.654% change to the original purchase price of £75,950 results in an estimated price of approximately £381,006.
| 28 Jul 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 146.7 | 401.654 % | £75,950 | £305,056 | £381,006 |
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 | 354.152 % | £268,978 | £344,928 |
| 3 Month Average | 340.760 % | £258,806 | £334,756 |
| 6 Month Average | 378.102 % | £287,168 | £363,118 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Morton Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Haywoods Lane |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive |