£1,025,294
This estimated value is based upon the latest sale price for the house of £908,000 on 9 Apr 2021. 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 |
|---|---|
| £908,000 | 9 Apr 2021 |
| 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 April 2021 the House Price Index for CAMBRIDGESHIRE was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £908,000 results in an estimated price of approximately £1,025,294.
| 9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £908,000 | £117,294 | £1,025,294 |
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 | 30.472 % | £276,690 | £1,184,690 |
| 3 Month Average | 15.753 % | £143,033 | £1,051,033 |
| 6 Month Average | -2.561 % | £-23,251 | £884,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £334,502 | £330,000 | 26 LOTFIELD STREET |
| 14 Jul 2023 | £704,482 | £695,000 | 16A LOTFIELD STREET |
| 14 Jul 2023 | £658,868 | £650,000 | 10 PEARMAINS CLOSE |
| 6 Jul 2023 | £724,754 | £715,000 | 3 FENNY LANE BARNS FENNY LANE |
| 25 Jan 2023 | £497,656 | £500,000 | THE MILKING PARLOUR FENNY LANE |
| 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burtons |