2, Cross Lane
2, Cross Lane
Description & Estimates
2, Cross Lane, Royston appears in the public record as a freehold house sitting on a 1,239 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,810 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Cross Lane, Royston is £839,195 and its rental estimate is £2,013 per month, given the available information and assuming reasonable condition.
Cross Lane, Melbourn, Royston, SG8 falls within the SG8 postal district, in the borough of South Cambridgeshire.
Our Data Sources
2, Cross Lane, Royston has a single entry in the Land Registry from May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Cross Lane, Royston, we estimate a market value of £881,154 and a rental value of £2,114 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £780,451 and £1,872 per month respectively.
Recent Market Change
Over the last year, 2, Cross Lane, Royston has seen its estimated sale value move down by £10,118 (1.2%) and its estimated rental value increase by £39 per month (1.9%). This results in an estimated gross rental yield of 2.9%.
Plot Size
HM Land Registry records the plot of land for 2, Cross Lane, Royston as measuring 1,239 m2.
That makes it the largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Cross Lane, Royston completed on 25th May 2007 at £520,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 71.3% over the period since May 2007.
- Sold May 2007£520,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Cross Lane, Royston have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2023, was 9, Cross Lane, Royston, SG8 6AG, a freehold house which sold for £895,000.
Read more about house prices in SG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Cross Lane, Melbourn, Royston, SG8, 2, Cross Lane, Royston comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £369k more expensive than the average property across the SG8 district.
More reading links
Schools Nearby
- 300mMelbourn Primary School
- 1.3kmMeldreth Primary School
- 3.7kmRoman Way Academy
- 600mMelbourn Village College
- 5.1kmBassingbourn Village College
- 11.3kmSawston Village College
More reading links
Public Transport Nearby
From 2, Cross Lane, Royston, the nearest station is Meldreth, 1.0 kilometres away.
- 1.0kmMeldreth
- 3.7kmShepreth
- 4.3kmRoyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
