£137,327
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Jul 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 |
|---|---|
| £110,000 | 6 Jul 2018 |
| £71,500 | 19 Dec 2011 |
| £83,000 | 17 Dec 2004 |
| £41,000 | 2 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
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 July 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £110,000 results in an estimated price of approximately £137,327.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £110,000 | £27,327 | £137,327 |
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 | 34.168 % | £37,584 | £147,584 |
| 3 Month Average | 39.473 % | £43,419 | £153,419 |
| 6 Month Average | 21.594 % | £23,753 | £133,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £300,000 | £300,000 | 59 SHAKESPEARE |
| 15 Apr 2024 | £342,978 | £340,000 | 17 NEWBOLT |
| 20 Dec 2023 | £190,865 | £185,000 | 34 SHAKESPEARE |
| 14 Aug 2023 | £386,980 | £380,000 | 26 ELIOT ROAD |
| 28 Apr 2023 | £264,956 | £260,000 | 33 SHAKESPEARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rochester Way |
| Aug 2024 | Anti-social behaviour | On or near Shakespeare | |
| Aug 2024 | Anti-social behaviour | On or near Shakespeare | |
| Aug 2024 | Public order | Under investigation | On or near Shakespeare |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare |