£543,567
This estimated value is based upon the latest sale price for the house of £449,995 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £449,995 | 28 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £449,995 results in an estimated price of approximately £543,567.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £449,995 | £93,572 | £543,567 |
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 | 11.586 % | £52,135 | £502,130 |
| 3 Month Average | 7.097 % | £31,935 | £481,930 |
| 6 Month Average | 2.828 % | £12,727 | £462,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £302,628 | £300,000 | 20 HAWTHORN WAY |
| 16 Jun 2023 | £331,646 | £325,000 | 64 FIELD CRESCENT |
| 2 Sep 2022 | £449,700 | £450,000 | 12A THE CLOSE |
| 1 Jul 2022 | £371,725 | £368,000 | 42 HAWTHORN WAY |
| 25 Mar 2022 | £349,718 | £335,000 | 1 HAWTHORN CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 5 Dec 2019. Using an estimated price of £543,568 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on FAIRFAX LANE is 122 sq meters (1,317 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cromwell Way | |
| Aug 2024 | Anti-social behaviour | On or near Cromwell Way | |
| Aug 2024 | Anti-social behaviour | On or near Lilburn Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Lilburn Avenue | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lilburn Avenue |