7, Elm Way
7, Elm Way
Description & Estimates
7, Elm Way, Royston appears in the public record as a freehold house sitting on a 348 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,443 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Elm Way, Royston is £596,983 and its rental estimate is £1,735 per month, given the available information and assuming reasonable condition.
Elm Way, Melbourn, Royston, SG8 falls within the SG8 postal district, in the borough of South Cambridgeshire.
Our Data Sources
7, Elm Way, Royston has 21 entries in the Land Registry , most recently in December 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 4 out of 5 and is considered of high 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 7, Elm Way, Royston, we estimate a market value of £626,832 and a rental value of £1,822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £555,194 and £1,614 per month respectively.
Recent Market Change
Over the last year, 7, Elm Way, Royston has seen its estimated sale value drop by £7,198 (1.2%) and its estimated rental value rise by £33 per month (1.9%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 7, Elm Way, Royston as measuring 348 m2.
That makes it the 5th largest plot in the postcode, where 22 of the 24 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Elm Way, Royston completed on 6th December 2007 at £352,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 65.8% over the period since December 2007.
- Sold Dec 2007£352,000
- Sold Dec 1996£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Elm Way, Royston have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th January 2022, was 4, Elm Way, Royston, SG8 6UH, a freehold house which sold for £615,000.
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 24 addresses on Elm Way, Melbourn, Royston, SG8, 7, Elm Way, Royston comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the SG8 district.
More reading links
Schools Nearby
- 400mMelbourn Primary School
- 1.7kmMeldreth Primary School
- 3.7kmRoman Way Academy
- 900mMelbourn Village College
- 5.3kmBassingbourn Village College
- 11.2kmSawston Village College
More reading links
Public Transport Nearby
From 7, Elm Way, Royston, the nearest station is Meldreth, 1.4 kilometres away.
- 1.4kmMeldreth
- 3.9kmShepreth
- 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.
