SG8 7LZ is a residential postcode situated on Newmarket Road, Royston, SG8 with 2 addresses.
It ranks as the 117th largest and 1018th most expensive of the 1,234 postcodes in the SG8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
SG8 7LZ is a residential postcode situated on Newmarket Road, Royston, SG8 with 2 addresses.
It ranks as the 117th largest and 1018th most expensive of the 1,234 postcodes in the SG8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £706,916 for 5 bedroom freehold houses with a garden (2,637 ft2) to £751,799 for 5 bedroom freehold houses with a garden (2,960 ft2) .
Monthly rental prices range from £2,400 pcm for 5 bed houses to £2,553 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.1%.
The average value per square foot is £261.
The last sale in SG8 7LZ sold for £625,000 on 16th November 2016. Since then prices are up an average of 19.6%.
The current average value in the postcode is £729,357.
The SG8 7LZ Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £729,357 |
| April 2025 | 1% | £742,548 |
| April 2024 | -1.7% | £735,508 |
| April 2023 | 1.2% | £748,475 |
| April 2022 | 7.2% | £739,697 |
| April 2021 | 8.1% | £690,026 |
| April 2020 | 0.2% | £638,419 |
| April 2019 | 0.3% | £636,949 |
| April 2018 | 2.4% | £635,007 |
| April 2017 | 5.5% | £620,135 |
| April 2016 | 9.4% | £587,813 |
| April 2015 | 9.7% | £537,505 |
| April 2014 | 6.6% | £490,104 |
| April 2013 | 6% | £459,885 |
| April 2012 | 4.2% | £433,713 |
| April 2011 | 2.5% | £416,416 |
| April 2010 | 7.8% | £406,238 |
| April 2009 | -11.6% | £376,946 |
| April 2008 | 3.4% | £426,303 |
| April 2007 | 0% | £412,297 |
The current average rental value in the postcode is £2,476.
The SG8 7LZ Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £2,476pcm |
| April 2025 | 4.7% | £2,454pcm |
| April 2024 | 5.5% | £2,343pcm |
| April 2023 | 7.3% | £2,221pcm |
| April 2022 | 10.7% | £2,069pcm |
| April 2021 | 4.1% | £1,868pcm |
| April 2020 | 1.6% | £1,794pcm |
| April 2019 | 0.4% | £1,766pcm |
| April 2018 | 1.8% | £1,758pcm |
| April 2017 | 2.1% | £1,728pcm |
| April 2016 | 4.8% | £1,692pcm |
| April 2015 | 3.7% | £1,614pcm |
| April 2014 | 3.5% | £1,557pcm |
| April 2013 | 4.4% | £1,504pcm |
| April 2012 | 4.7% | £1,441pcm |
| April 2011 | 5.7% | £1,376pcm |
| April 2010 | 3.9% | £1,301pcm |
| April 2009 | -5.6% | £1,252pcm |
| April 2008 | 3.2% | £1,326pcm |
| April 2007 | 0% | £1,285pcm |
The last sale was on 16th November 2016 for £625,000 and since then the market in the area has increased by 19.6%. The postcode has had a total of 3 sales since 1995.
SG8 7LZ has seen no sales in the last three years and no sales in the last twelve months.
SG8 7LZ is the 117th largest and the 1018th most expensive postcode out of the 1,234 postcodes in the SG8 area.
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The closest station to SG8 7LZ is Royston station which is 3.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SG8 7LZ, 30.2% of property is privately owned with a mortgage and 27.9% is socially rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SG8 7LZ, 25.4% of residents are recorded as possessing school level qualifications and 34.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SG8 7LZ, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SG8 7LZ, 1.1% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SG8 7LZ, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.