£449,956
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Oct 2013. 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 |
|---|---|
| £275,000 | 31 Oct 2013 |
| £77,000 | 21 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2013 the House Price Index for HERTFORDSHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £275,000 results in an estimated price of approximately £449,956.
| 31 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £275,000 | £174,956 | £449,956 |
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 | 51.369 % | £141,264 | £416,264 |
| 3 Month Average | 56.597 % | £155,641 | £430,641 |
| 6 Month Average | 56.625 % | £155,718 | £430,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £430,533 | £423,000 | 28 BYRON ROAD |
| 1 Dec 2023 | £338,421 | £332,500 | 15 HERON WAY |
| 11 Aug 2023 | £332,912 | £330,000 | 44 HERON WAY |
| 5 Oct 2022 | £357,154 | £361,000 | 41 HERON WAY |
| 29 Sep 2022 | £505,915 | £510,000 | 14 CORVUS CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jul 2013. Using an estimated price of £449,956 means this house is valued at £5,293 per sq meter (£491 per sq foot).
The average size of a house on MELBOURN ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heron Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kipling Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fieldfare Way |
| Feb 2024 | Anti-social behaviour | On or near Coombelands Road | |
| Feb 2024 | Anti-social behaviour | On or near Coombelands Road |