£351,410
This estimated value is based upon the latest sale price for the house of £262,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £262,000 | 12 Aug 2016 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in August 2016 the House Price Index for CAMBRIDGESHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £262,000 results in an estimated price of approximately £351,410.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £262,000 | £89,410 | £351,410 |
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 | 18.749 % | £49,121 | £311,121 |
| 3 Month Average | 32.378 % | £84,831 | £346,831 |
| 6 Month Average | 27.448 % | £71,913 | £333,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £400,000 | £400,000 | 42 MEDCALFE WAY |
| 28 Nov 2023 | £415,548 | £405,000 | 2 TRIGG WAY |
| 6 Sep 2023 | £281,199 | £275,000 | 39 MEDCALFE WAY |
| 1 Sep 2023 | £306,762 | £300,000 | 50 FORDHAM WAY |
| 5 Jun 2023 | £459,202 | £450,000 | 13 TRIGG WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ogden Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Fordham Way |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Fordham Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russet Way |