£3,163,158
This estimated value is based upon the latest sale price for the house of £520,000 on 25 Oct 2023. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £520,000 | 25 Oct 2023 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for CAMBRIDGESHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £520,000 results in an estimated price of approximately £3,163,158.
| 25 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £520,000 | £2,643,158 | £3,163,158 |
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 | -1.150 % | £-5,980 | £514,019 |
| 3 Month Average | -11.142 % | £-57,940 | £462,059 |
| 6 Month Average | -5.346 % | £-27,796 | £492,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £516,253 | £510,000 | 81 ORCHARD ROAD |
| 14 Feb 2023 | £314,788 | £315,000 | 11 MEETING LANE |
| 23 Nov 2022 | £602,700 | £610,000 | 6 LITTLE LANE |
| 23 Aug 2022 | £847,718 | £850,000 | 56 ORCHARD ROAD |
| 17 Jun 2022 | £963,618 | £950,000 | 91 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Meeting Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Orchard Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prime Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prime Close |