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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Lambert Way, Royston is a modern freehold house with 1,140 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lambert Way, Royston is £494,452 and the estimated rental value is £1,771 per month.
Lambert Way, Royston, SG8 is located in the borough of North Hertfordshire within the SG8 postal district.
2, Lambert Way, Royston has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lambert Way, Royston is in very good condition we estimate a sale value of £519,174 and a rental value of £1,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,840 and a rental value of £1,647 per month.
Over the last 12 months the sale value of 2 Lambert Way Royston has decreased by an estimated £4,446 (0.9%) and its rental value has increased by an estimated £27 per month (1.5%), giving an expected gross yield of 4.3%.
2, Lambert Way, Royston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lambert Way, Royston was last sold on 25th July 2023 for £509,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lambert Way, Royston within a radius of 860 metres over the last 2 years.
The most recent example is 4, Lambert Way, Royston, SG8 7FS, a freehold house which sold for £512,995 on the 24th February 2023.
Read more about house prices in SG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambert Way, Royston, SG8 has a total of 69 addresses. According to our analysis of all the public data, 2, Lambert Way, Royston is the 17th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in SG8.
The closest station to 2, Lambert Way, Royston is Royston station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lambert Way, Royston, 32.8% of property is socially rented and 29.9% is privately owned with a mortgage.
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 2, Lambert Way, Royston, 22.5% of residents are recorded as possessing school level qualifications and 31.4% 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 2, Lambert Way, Royston, the average age was 41.6 and the most common age was 37.
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 2, Lambert Way, Royston, 0.6% 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 2, Lambert Way, Royston, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
