£1,372,345
This estimated value is based upon the latest sale price for the house of £1,200,000 on 12 Feb 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54a High Street, Royston, SG8 9AW
Phone: 01763259001
| Price Paid | Date |
|---|---|
| £1,200,000 | 12 Feb 2021 |
| £70,000 | 11 Mar 2016 |
| Freehold |
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 February 2021 the House Price Index for HERTFORDSHIRE was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,372,345.
| 12 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £1,200,000 | £172,345 | £1,372,345 |
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 | 70.954 % | £851,444 | £2,051,444 |
| 3 Month Average | -1.006 % | £-12,067 | £1,187,932 |
| 6 Month Average | -3.787 % | £-45,439 | £1,154,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £758,301 | £735,000 | 8 BRICKYARD LANE |
| 30 Nov 2023 | £1,251,775 | £1,220,000 | GOODFELLOW FARM CHURCH LANE |
| 2 Jun 2023 | £530,634 | £520,000 | 16 HILL VIEW |
| 20 Jan 2023 | £498,332 | £497,000 | 4 BRICKYARD LANE |
| 20 Oct 2022 | £388,702 | £390,000 | 3 HOBBS HAYES BLACKSMITHS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Close |
| Jul 2024 | Public order | Under investigation | On or near High Street |
| Jun 2024 | Public order | Awaiting court outcome | On or near Willow Close |
| Jun 2024 | Public order | Awaiting court outcome | On or near Willow Close |
| Jul 2024 | Anti-social behaviour | On or near London Road |