£352,241
This estimated value is based upon the latest sale price for the house of £267,000 on 28 Oct 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 |
|---|---|
| £267,000 | 28 Oct 2016 |
| £210,000 | 3 Dec 2014 |
| £65,000 | 29 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £267,000 results in an estimated price of approximately £352,241.
| 28 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £267,000 | £85,241 | £352,241 |
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 | -7.547 % | £-20,150 | £246,849 |
| 3 Month Average | 8.367 % | £22,339 | £289,339 |
| 6 Month Average | 11.833 % | £31,593 | £298,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £800,138 | £785,000 | 26A SERBY AVENUE |
| 14 Aug 2023 | £382,325 | £380,000 | 26 ELIOT ROAD |
| 4 Aug 2023 | £316,927 | £315,000 | 3 GRAYS CLOSE |
| 14 Apr 2023 | £266,984 | £265,000 | 49 ERMINE CLOSE |
| 31 Aug 2022 | £462,376 | £465,500 | 3 ELIOT ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Feb 2020. Using an estimated price of £352,242 means this house is valued at £5,032 per sq meter (£467 per sq foot).
The average size of a house on ELIOT ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eliot Road |
| Mar 2024 | Anti-social behaviour | On or near Burns Road | |
| Mar 2024 | Anti-social behaviour | On or near Burns Road | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Burns Road |
| Jan 2024 | Anti-social behaviour | On or near Burns Road |