£906,993
This estimated value is based upon the latest sale price for the house of £850,000 on 2 Dec 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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20-22 Market Hill, Royston, SG8 9JG
Phone: 01763761458
| Price Paid | Date |
|---|---|
| £850,000 | 2 Dec 2021 |
| £777,500 | 18 Aug 2016 |
| £612,000 | 2 May 2014 |
| £370,000 | 2 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,914 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 December 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £850,000 results in an estimated price of approximately £906,993.
| 2 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £850,000 | £56,993 | £906,993 |
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 | 51.516 % | £437,886 | £1,287,886 |
| 3 Month Average | 8.081 % | £68,692 | £918,692 |
| 6 Month Average | 3.530 % | £30,000 | £880,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £263,753 | £265,000 | FLAT 10 THE BEECHES, 2 NEWMARKET ROAD |
| 11 Nov 2022 | £246,011 | £250,000 | FLAT 8 THE BEECHES, 2 NEWMARKET ROAD |
| 12 Aug 2022 | £283,087 | £285,000 | FLAT 1 THE BEECHES, 2 NEWMARKET ROAD |
| 9 Aug 2022 | £705,235 | £710,000 | 25 PRIORY LANE |
| 21 Jan 2022 | £681,303 | £650,000 | 2 PRIORY CLOSE |
This house has a floor area of 177 sq meters or 1,914 sq feet when measured on 9 Nov 2011. Using an estimated price of £906,993 means this house is valued at £5,100 per sq meter (£473 per sq foot).
The average size of a house on NEWMARKET ROAD is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Austin Corner | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Austin Corner |
| Jan 2024 | Anti-social behaviour | On or near Austin Corner | |
| Jan 2024 | Anti-social behaviour | On or near Austin Corner | |
| Jan 2024 | Anti-social behaviour | On or near Austin Corner |