£376,444
This estimated value is based upon the latest sale price for the house of £295,000 on 21 Jun 2017. 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 |
|---|---|
| £295,000 | 21 Jun 2017 |
| £262,000 | 30 Sep 2015 |
| £262,000 | 30 Sep 2015 |
| £250,000 | 20 Mar 2015 |
| £160,000 | 10 Mar 2006 |
| £60,000 | 9 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 June 2017 the House Price Index for HERTFORDSHIRE was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £295,000 results in an estimated price of approximately £376,444.
| 21 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £295,000 | £81,444 | £376,444 |
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 | -24.488 % | £-72,240 | £222,759 |
| 3 Month Average | -1.980 % | £-5,840 | £289,159 |
| 6 Month Average | 8.471 % | £24,989 | £319,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £352,141 | £350,000 | 89 QUEENS ROAD |
| 13 Mar 2023 | £695,761 | £692,000 | 6 VICTORIA CRESCENT |
| 20 Feb 2023 | £373,235 | £375,000 | 31 QUEENS ROAD |
| 23 Jan 2023 | £307,177 | £309,875 | 53 QUEENS ROAD |
| 22 Sep 2022 | £350,734 | £355,000 | 13 WREXHAM TERRACE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 2 Jan 2015. Using an estimated price of £376,444 means this house is valued at £6,171 per sq meter (£573 per sq foot).
The average size of a house on MILL ROAD is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lumen Road |
| Feb 2024 | Other theft | Under investigation | On or near Lumen Road |
| 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 |
| Apr 2024 | Shoplifting | Under investigation | On or near Queensway |