£204,335
This estimated value is based upon the latest sale price for the house of £140,000 on 29 May 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 |
---|---|
£140,000 | 29 May 2015 |
£68,000 | 24 Mar 2000 |
£54,995 | 20 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 29 sq meters or 312 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 May 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £140,000 results in an estimated price of approximately £204,335.
29 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £140,000 | £64,335 | £204,335 |
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 | 23.469 % | £32,856 | £172,856 |
3 Month Average | 26.025 % | £36,435 | £176,435 |
6 Month Average | 40.230 % | £56,321 | £196,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £172,555 | £170,000 | 34 KING JAMES WAY |
11 Aug 2023 | £232,030 | £230,000 | 23 KING JAMES WAY |
30 Jun 2023 | £227,759 | £225,000 | 36 KING JAMES WAY |
19 Jun 2023 | £1,105,896 | £1,092,500 | 9 THE GREEN |
19 Jun 2023 | £597,234 | £590,000 | 94 KING JAMES WAY |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 21 Feb 2015. Using an estimated price of £204,336 means this house is valued at £7,046 per sq meter (£654 per sq foot).
The average size of a house on KING JAMES WAY is 67 sq meters (721 sq feet).
This house is the smallest in the street with a floor area of 29 sq meters (312 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Dog Kennel Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Marys Park |
Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marys Park |
Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marys Park |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |