£376,276
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Jul 2021. 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 |
|---|---|
| £325,000 | 29 Jul 2021 |
| £56,000 | 24 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2021 the House Price Index for HERTFORDSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £325,000 results in an estimated price of approximately £376,276.
| 29 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £325,000 | £51,276 | £376,276 |
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 | 6.636 % | £21,566 | £346,566 |
| 3 Month Average | -3.310 % | £-10,758 | £314,241 |
| 6 Month Average | -1.738 % | £-5,648 | £319,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £342,978 | £340,000 | 17 NEWBOLT |
| 20 Dec 2023 | £190,865 | £185,000 | 34 SHAKESPEARE |
| 15 Dec 2023 | £809,886 | £785,000 | 26A SERBY AVENUE |
| 14 Apr 2023 | £270,051 | £265,000 | 49 ERMINE CLOSE |
| 13 Mar 2023 | £703,753 | £692,000 | 6 VICTORIA CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 May 2021. Using an estimated price of £376,276 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on STUART DRIVE is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Stuart Drive | |
| Jul 2024 | Anti-social behaviour | On or near Stuart Drive | |
| Jul 2024 | Anti-social behaviour | On or near Stuart Drive | |
| Jul 2024 | Anti-social behaviour | On or near Stuart Drive | |
| Jun 2024 | Anti-social behaviour | On or near Stuart Drive |