£396,945
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Oct 2019. 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 |
|---|---|
| £325,000 | 29 Oct 2019 |
| £273,258 | 21 Dec 2016 |
| £199,995 | 16 May 2008 |
| £165,000 | 5 May 2005 |
| £63,000 | 27 Mar 1998 |
| £53,000 | 24 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £325,000 results in an estimated price of approximately £396,945.
| 29 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £325,000 | £71,945 | £396,945 |
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 | -17.877 % | £-58,098 | £266,901 |
| 3 Month Average | -4.686 % | £-15,228 | £309,771 |
| 6 Month Average | 1.434 % | £4,659 | £329,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £316,927 | £315,000 | 57 MILL ROAD |
| 30 Mar 2023 | £437,364 | £435,000 | 41 MORTON STREET |
| 27 Jan 2023 | £346,952 | £350,000 | 55 MILL ROAD |
| 13 Jan 2023 | £433,691 | £437,500 | 31 STAMFORD AVENUE |
| 27 Oct 2022 | £463,116 | £470,000 | 41 STAMFORD AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Jun 2016. Using an estimated price of £396,946 means this house is valued at £5,155 per sq meter (£478 per sq foot).
The average size of a house on MILL ROAD is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stamford Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Morton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
| Feb 2024 | Anti-social behaviour | On or near Titchmarsh Close |