£475,000
This estimated value is based upon the latest sale price for the house of £475,000 on 14 May 2024. 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 |
|---|---|
| £475,000 | 14 May 2024 |
| £475,000 | 14 May 2024 |
| £270,000 | 27 Sep 2013 |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2024 the House Price Index for HERTFORDSHIRE was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £475,000 results in an estimated price of approximately £475,000.
| 14 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £475,000 | £0 | £475,000 |
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 | 38.686 % | £183,758 | £658,758 |
| 3 Month Average | 6.062 % | £28,793 | £503,793 |
| 6 Month Average | -0.083 % | £-392 | £474,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £475,000 | £475,000 | 58 MELBOURN ROAD |
| 26 Apr 2024 | £211,840 | £210,000 | 4 COLLINGWOOD COURT |
| 20 Dec 2023 | £286,297 | £277,500 | 75 MILL ROAD |
| 1 Dec 2023 | £226,974 | £220,000 | 32 COLLINGWOOD COURT |
| 1 Dec 2023 | £180,182 | £174,645 | 31 COLLINGWOOD COURT |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Mar 2013. Using an estimated price of £475,000 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on MELBOURN ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Stamford Court |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Stamford Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stamford Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stamford Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Melbourn Road |