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23, Marvell Green, Royston is recorded publicly as a modern freehold house across 2,249 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 23, Marvell Green, Royston is £827,759 and its rental estimate is £2,061 per month, given the available information and assuming reasonable condition.
Marvell Green, Meldreth, Royston, SG8 falls within the SG8 postal district, in the borough of South Cambridgeshire.
23, Marvell Green, Royston has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 23, Marvell Green, Royston, we estimate a market value of £869,147 and a rental value of £2,164 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £769,816 and £1,917 per month respectively.
Over the last year, 23, Marvell Green, Royston has seen its estimated sale value drop by £17,534 (2.1%) and its estimated rental value rise by £6 per month (0.3%). This results in an estimated gross rental yield of 3.0%.
23, Marvell Green, Royston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Marvell Green, Royston completed on 8th November 2022 at £960,000 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 dropped by 10.8% over the period since November 2022.
Over the past 2 years 3 properties similar to 23, Marvell Green, Royston have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2023, was 15, Marvell Green, Royston, SG8 6GN, a freehold house which sold for £799,995.
Read more about house prices in SG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Marvell Green, Meldreth, Royston, SG8, 23, Marvell Green, Royston comes out as the largest and the most expensive in our analysis of the public data.
It is also £357k more expensive than the average property across the SG8 district.
From 23, Marvell Green, Royston, the nearest station is Meldreth, 800 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Marvell Green, Royston, 37.3% of property is socially rented and 26.9% is privately owned outright.
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 23, Marvell Green, Royston, 19.1% of residents are recorded as possessing school level qualifications and 32.2% 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 23, Marvell Green, Royston, 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 23, Marvell Green, Royston, 1.0% 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 23, Marvell Green, 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.