£431,157
This estimated value is based upon the latest sale price for the house of £423,000 on 1 Dec 2023. 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 |
|---|---|
| £423,000 | 1 Dec 2023 |
| £247,000 | 30 Sep 2011 |
| £243,500 | 20 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,024 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 December 2023 the House Price Index for HERTFORDSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £423,000 results in an estimated price of approximately £431,157.
| 1 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £423,000 | £8,157 | £431,157 |
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 | -41.697 % | £-176,379 | £246,620 |
| 3 Month Average | -14.308 % | £-60,523 | £362,476 |
| 6 Month Average | -7.743 % | £-32,753 | £390,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £338,912 | £332,500 | 15 HERON WAY |
| 1 Dec 2023 | £431,157 | £423,000 | 28 BYRON ROAD |
| 11 Aug 2023 | £332,019 | £330,000 | 44 HERON WAY |
| 5 Oct 2022 | £355,712 | £361,000 | 41 HERON WAY |
| 26 Aug 2022 | £427,114 | £430,000 | 18 BYRON ROAD |
This house has a floor area of 95 sq meters or 1,024 sq feet when measured on 15 Sep 2010. Using an estimated price of £431,157 means this house is valued at £4,528 per sq meter (£420 per sq foot).
The average size of a house on BYRON ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hardy Drive |
| Apr 2024 | Anti-social behaviour | On or near Hardy Drive | |
| Apr 2024 | Anti-social behaviour | On or near Hardy Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hardy Drive |