£270,360
This estimated value is based upon the latest sale price for the house of £215,000 on 12 Apr 2018. 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 |
|---|---|
| £215,000 | 12 Apr 2018 |
| £149,995 | 5 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £215,000 results in an estimated price of approximately £270,360.
| 12 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £215,000 | £55,360 | £270,360 |
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 | 10.152 % | £21,826 | £236,826 |
| 3 Month Average | 8.300 % | £17,845 | £232,845 |
| 6 Month Average | 4.472 % | £9,614 | £224,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £355,937 | £345,000 | 1 WOODCOCK ROAD |
| 17 Nov 2023 | £643,843 | £627,500 | 4 NIGHTINGALE WAY |
| 10 Nov 2023 | £459,155 | £447,500 | 17 NIGHTINGALE WAY |
| 31 Oct 2023 | £419,528 | £410,000 | 5 WOODCOCK ROAD |
| 31 Aug 2023 | £366,612 | £360,000 | 2 WOODCOCK ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Nov 2017. Using an estimated price of £270,361 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on WOODCOCK ROAD is 64 sq meters (690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Pipit Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pipit Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Siskin Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |