£554,670
This estimated value is based upon the latest sale price for the house of £410,000 on 20 May 2016. 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 |
|---|---|
| £410,000 | 20 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2016 the House Price Index for HERTFORDSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £410,000 results in an estimated price of approximately £554,670.
| 20 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £410,000 | £144,670 | £554,670 |
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 | 10.543 % | £43,227 | £453,227 |
| 3 Month Average | 47.933 % | £196,524 | £606,524 |
| 6 Month Average | 38.061 % | £156,049 | £566,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £395,000 | £395,000 | 28 HONEY WAY |
| 30 Apr 2024 | £592,142 | £587,000 | 40 POPLAR DRIVE |
| 24 Apr 2024 | £499,336 | £495,000 | 8 POPLAR DRIVE |
| 17 Nov 2023 | £543,804 | £530,000 | 8 EASTFIELD ROAD |
| 12 Oct 2023 | £443,063 | £433,000 | 29 POPLAR DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 25 Feb 2016. Using an estimated price of £554,671 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on HONEY WAY is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeyway |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Honeyway |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wheatfield Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Harvester Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harvester Close |