£827,718
This estimated value is based upon the latest sale price for the house of £486,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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6 Melbourn Street, Royston, SG8 7BX
Phone: 01763761932
| Price Paid | Date |
|---|---|
| £486,000 | 24 Aug 2012 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in August 2012 the House Price Index for CAMBRIDGESHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £486,000 results in an estimated price of approximately £827,718.
| 24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £486,000 | £341,718 | £827,718 |
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 | 56.178 % | £273,023 | £759,023 |
| 3 Month Average | 49.840 % | £242,221 | £728,221 |
| 6 Month Average | 52.753 % | £256,381 | £742,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £170,000 | £170,000 | 59B HIGH STREET |
| 1 Dec 2023 | £865,137 | £850,000 | 126 HIGH STREET |
| 29 Sep 2023 | £607,771 | £600,000 | 106 HIGH STREET |
| 22 Sep 2022 | £166,158 | £167,500 | 12 MELROSE |
| 7 Oct 2021 | £5,266,836 | £4,760,000 | 73 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stone Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Brewery Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Brewery Lane |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fenny Lane |
| Feb 2024 | Other theft | Under investigation | On or near Old Mill Court |