£405,704
This estimated value is based upon the latest sale price for the house of £328,000 on 24 Aug 2018. 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 |
---|---|
£328,000 | 24 Aug 2018 |
£270,000 | 18 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2018 the House Price Index for HERTFORDSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £328,000 results in an estimated price of approximately £405,704.
24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £328,000 | £77,704 | £405,704 |
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 | 3.273 % | £10,736 | £338,736 |
3 Month Average | 11.228 % | £36,827 | £364,827 |
6 Month Average | 17.058 % | £55,951 | £383,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £291,730 | £288,000 | 35 QUEENS ROAD |
17 Aug 2023 | £353,089 | £350,000 | 89 QUEENS ROAD |
25 Jul 2023 | £527,094 | £520,000 | 3 VICTORIA CRESCENT |
13 Mar 2023 | £698,582 | £692,000 | 6 VICTORIA CRESCENT |
20 Feb 2023 | £374,748 | £375,000 | 31 QUEENS ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Nov 2014. Using an estimated price of £405,705 means this house is valued at £5,634 per sq meter (£523 per sq foot).
The average size of a house on QUEENS ROAD is 68 sq meters (737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Queens Road | |
Dec 2023 | Anti-social behaviour | On or near Queens Road | |
Dec 2023 | Anti-social behaviour | On or near Queens Road | |
Dec 2023 | Anti-social behaviour | On or near Queens Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |