£325,813
This estimated value is based upon the latest sale price for the house of £188,000 on 10 Mar 2011. 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 |
|---|---|
| £188,000 | 10 Mar 2011 |
| £177,500 | 15 Jul 2009 |
| £55,000 | 15 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2011 the House Price Index for HERTFORDSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £188,000 results in an estimated price of approximately £325,813.
| 10 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £188,000 | £137,813 | £325,813 |
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 | 107.666 % | £202,411 | £390,411 |
| 3 Month Average | 59.360 % | £111,597 | £299,597 |
| 6 Month Average | 48.531 % | £91,238 | £279,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £389,897 | £380,000 | 13 ELM WALK |
| 16 Jun 2023 | £331,646 | £325,000 | 64 FIELD CRESCENT |
| 2 Sep 2022 | £449,700 | £450,000 | 12A THE CLOSE |
| 5 Aug 2022 | £316,480 | £315,000 | 99 GARDEN WALK |
| 1 Jul 2022 | £371,725 | £368,000 | 42 HAWTHORN WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 Aug 2020. Using an estimated price of £325,814 means this house is valued at £3,503 per sq meter (£325 per sq foot).
The average size of a house on HAWTHORN WAY is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorn Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorn Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawthorn Close |
| Jul 2024 | Other theft | Under investigation | On or near Elm Walk |