£464,167
This estimated value is based upon the latest sale price for the house of £435,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Haywoods Lane
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £435,000 | 15 Dec 2021 |
| £337,500 | 26 Nov 2015 |
| £200,000 | 29 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 £435,000 results in an estimated price of approximately £464,167.
| 15 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £435,000 | £29,167 | £464,167 |
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 % | £224,095 | £659,095 |
| 3 Month Average | 8.081 % | £35,154 | £470,154 |
| 6 Month Average | 3.530 % | £15,353 | £450,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £364,682 | £360,000 | 6 GAGE CLOSE |
| 9 Nov 2023 | £435,592 | £430,000 | 20 CHERRY DRIVE |
| 31 Mar 2023 | £457,473 | £455,000 | 62 MELBOURN ROAD |
| 3 Nov 2022 | £486,117 | £494,000 | 57 MELBOURN ROAD |
| 20 Jul 2022 | £454,386 | £455,000 | 105 MELBOURN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Jun 2021. Using an estimated price of £464,167 means this house is valued at £6,630 per sq meter (£616 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Haywoods Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lime Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lime Grove |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Morton Street |