£159,091
This estimated value is based upon the latest sale price for the house of £110,000 on 19 Jun 2015. 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 |
---|---|
£110,000 | 19 Jun 2015 |
£98,000 | 5 Aug 2009 |
£40,000 | 14 Jan 2000 |
Terraced |
Leasehold |
Floor Area: 50 sq meters or 538 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 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £110,000 results in an estimated price of approximately £159,091.
19 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.0 | 44.629 % | £110,000 | £49,091 | £159,091 |
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 | 27.029 % | £29,732 | £139,732 |
3 Month Average | 24.623 % | £27,085 | £137,085 |
6 Month Average | 34.028 % | £37,431 | £147,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £301,836 | £300,001 | 113 BURNS ROAD |
17 Mar 2023 | £291,576 | £290,000 | 9 SCOTT CLOSE |
8 Mar 2023 | £180,978 | £180,000 | APARTMENT 10 COLERIDGE COURT BURNS ROAD |
1 Mar 2023 | £135,734 | £135,000 | 24 SCOTT CLOSE |
30 Aug 2022 | £201,638 | £203,000 | APARTMENT 5 COLERIDGE COURT BURNS ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 20 Jun 2013. Using an estimated price of £159,091 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on BURNS ROAD is 63 sq meters (686 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Scott Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swift Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Swift Close |
Feb 2024 | Other theft | Under investigation | On or near Swinburne Close |