5 Pine Tree Lodge, Royston
5 Pine Tree Lodge, Royston
Description & Estimates
Public records show 5 Pine Tree Lodge, Royston to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5 Pine Tree Lodge, Royston has an estimated sale value of £241,013 and an estimated rental value of £1,098 per month, assuming reasonable condition and based on the information available.
The apartment sits within Pine Tree Lodge, Garden Lane, Royston, SG8.
Garden Lane, Royston, SG8 lies in the borough of North Hertfordshire, within the SG8 postal district.
Our Data Sources
5 Pine Tree Lodge, Royston has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated May 2019.
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.
Price Range & Condition
In very good condition, we estimate 5 Pine Tree Lodge, Royston would be worth £253,063, with a potential rental value of £1,152 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,142, with a rental value of £1,021 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5 Pine Tree Lodge, Royston has moved down by £789 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.1%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
5 Pine Tree Lodge, Royston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5 Pine Tree Lodge, Royston last changed hands on 7th November 2024, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 0.8% since November 2024.
- Sold Nov 2024£250,000
- Sold Nov 2019£265,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 5 Pine Tree Lodge, Royston across the last 2 years.
Most recently, 9 Pine Tree Lodge, Garden Lane, Royston, SG8 9FR, a leasehold flat, sold at £210,000 on the 11th August 2023.
Read more about house prices in SG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5 Pine Tree Lodge, Royston as the 50th largest and the 50th most expensive of the 58 addresses on Garden Lane, Royston, SG8.
Against the SG8 postcode district average, it is £230k less expensive than the typical property.
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Schools Nearby
- 400mStudlands Rise First School
- 600mSt Mary Roman Catholic Primary School
- 700mTannery Drift School
- 4.3kmBassingbourn Village College
- 5.4kmMelbourn Village College
- 10.5kmFreman College
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Public Transport Nearby
Royston station is the nearest stop to 5 Pine Tree Lodge, Royston at 1.0 kilometres away.
- 1.0kmRoyston
- 5.4kmMeldreth
- 6.3kmAshwell & Morden
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
