7, Palmers Way
7, Palmers Way
Description & Estimates
7, Palmers Way, Royston is recorded publicly as a mid-century freehold house across 1,399 ft2 of internal area, sitting on a 289 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Palmers Way, Royston is £414,732 and its rental estimate is £1,719 per month, given the available information and assuming reasonable condition.
Palmers Way, Melbourn, Royston, SG8 falls within the SG8 postal district, in the borough of South Cambridgeshire.
Our Data Sources
7, Palmers Way, Royston has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property 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 7, Palmers Way, Royston, we estimate a market value of £435,469 and a rental value of £1,805 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,701 and £1,599 per month respectively.
Recent Market Change
Over the last year, 7, Palmers Way, Royston has seen its estimated sale value fall by £5,000 (1.2%) and its estimated rental value move up by £33 per month (1.9%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 7, Palmers Way, Royston as measuring 289 m2.
That makes it the 3rd largest plot in the postcode, where 7 of the 20 other houses have recorded plot data.
Energy Efficiency
7, Palmers Way, Royston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Palmers Way, Royston completed on 8th September 2022 at £535,000 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 11.3% over the period since September 2022.
- Sold Sep 2022£535,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Palmers Way, Royston have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2023, was 46, Medcalfe Way, Royston, SG8 6HU, a freehold house which sold for £470,000.
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
Of the 28 addresses on Palmers Way, Melbourn, Royston, SG8, 7, Palmers Way, Royston comes out as the largest and the 4th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the SG8 district.
More reading links
Schools Nearby
- 300mMelbourn Primary School
- 1.6kmMeldreth Primary School
- 3.6kmFowlmere Primary School
- 700mMelbourn Village College
- 5.6kmBassingbourn Village College
- 10.9kmSawston Village College
More reading links
Public Transport Nearby
From 7, Palmers Way, Royston, the nearest station is Meldreth, 1.3 kilometres away.
- 1.3kmMeldreth
- 3.7kmShepreth
- 4.6kmRoyston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
