£334,400
This estimated value is based upon the latest sale price for the house of £333,500 on 18 Jul 2022. 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 |
|---|---|
| £333,500 | 18 Jul 2022 |
| £77,000 | 19 Jan 2001 |
| £74,000 | 2 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £333,500 results in an estimated price of approximately £334,400.
| 18 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £333,500 | £900 | £334,400 |
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 | -26.184 % | £-87,324 | £246,175 |
| 3 Month Average | -13.858 % | £-46,217 | £287,282 |
| 6 Month Average | -6.833 % | £-22,786 | £310,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £292,758 | £290,000 | 9 SCOTT CLOSE |
| 1 Mar 2023 | £136,284 | £135,000 | 24 SCOTT CLOSE |
| 18 Jul 2022 | £334,400 | £333,500 | 3 SWINBURNE CLOSE |
| 25 Mar 2022 | £322,278 | £311,000 | 18 SHELLEY CLOSE |
| 14 Oct 2021 | £138,310 | £125,000 | 20 TENNYSON COURT TENNYSON CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Apr 2014. Using an estimated price of £334,400 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on SWINBURNE CLOSE is 79 sq meters (860 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Swinburne Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thackeray Close |
| Feb 2024 | Anti-social behaviour | On or near Coombelands Road | |
| Feb 2024 | Anti-social behaviour | On or near Coombelands Road | |
| Feb 2024 | Anti-social behaviour | On or near Coombelands Road |