£321,571
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Sep 2015. 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 |
---|---|
£225,000 | 17 Sep 2015 |
£167,500 | 25 Sep 2012 |
£167,500 | 25 Sep 2012 |
£121,500 | 18 Dec 2002 |
£61,500 | 12 Dec 1997 |
£45,000 | 11 Nov 1996 |
Terraced |
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 September 2015 the House Price Index for CAMBRIDGESHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £225,000 results in an estimated price of approximately £321,571.
17 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £225,000 | £96,571 | £321,571 |
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 | 44.749 % | £100,685 | £325,685 |
3 Month Average | 11.926 % | £26,834 | £251,834 |
6 Month Average | 20.037 % | £45,084 | £270,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £315,000 | £315,000 | 71 BRAMLEY AVENUE |
29 Apr 2024 | £350,544 | £347,500 | 44 RUSSET WAY |
5 Apr 2024 | £413,592 | £410,000 | 14 CAMBRIDGE ROAD |
26 Mar 2024 | £264,057 | £260,000 | 34 RUSSET WAY |
3 Nov 2023 | £235,990 | £230,000 | 30 RUSSET WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Russet Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russet Way |