£493,545
This estimated value is based upon the latest sale price for the house of £460,000 on 14 Jun 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Garden Close
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £460,000 | 14 Jun 2021 |
| £93,750 | 5 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £460,000 results in an estimated price of approximately £493,545.
| 14 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £460,000 | £33,545 | £493,545 |
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 | 6.010 % | £27,647 | £487,647 |
| 3 Month Average | 0.065 % | £300 | £460,300 |
| 6 Month Average | 5.761 % | £26,499 | £486,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £414,973 | £420,000 | 2 POPLAR CLOSE |
| 15 Jul 2022 | £451,215 | £450,000 | 40 HONEY WAY |
| 8 Apr 2022 | £514,900 | £500,000 | 73 GARDEN WALK |
| 28 Sep 2021 | £377,157 | £350,000 | 1 HONEY WAY |
| 14 Jun 2021 | £493,545 | £460,000 | 54 POPLAR DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Sep 2020. Using an estimated price of £493,545 means this house is valued at £5,250 per sq meter (£487 per sq foot).
The average size of a house on POPLAR DRIVE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Garden Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Haywoods Lane |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive | |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive | |
| Dec 2023 | Anti-social behaviour | On or near Cherry Drive |