7 Pine Tree Lodge, Royston
7 Pine Tree Lodge, Royston
Description & Estimates
7 Pine Tree Lodge, Royston is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7 Pine Tree Lodge, Royston is £225,388 and its rental estimate is £1,024 per month, given the available information and assuming reasonable condition.
Pine Tree Lodge, Garden Lane is a residential building on Garden Lane, Royston, SG8 and falls within the SG8 postal district and the borough of North Hertfordshire.
Our Data Sources
7 Pine Tree Lodge, Royston has a single entry in the Land Registry from September 2019 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
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 Pine Tree Lodge, Royston, we estimate a market value of £236,657 and a rental value of £1,075 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,610 and £952 per month respectively.
Recent Market Change
Over the last year, 7 Pine Tree Lodge, Royston has seen its estimated sale value decline by £738 (0.3%) and its estimated rental value climb by £32 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
7 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
The most recent sale of 7 Pine Tree Lodge, Royston completed on 6th September 2019 at £195,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 3.5% over the period since September 2019.
- Sold Sep 2019£195,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7 Pine Tree Lodge, Royston have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2024, was 5 Pine Tree Lodge, Garden Lane, Royston, SG8 9FR, a leasehold flat which sold for £250,000.
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 58 addresses on Garden Lane, Royston, SG8, 7 Pine Tree Lodge, Royston comes out as the 57th largest and the 54th most expensive in our analysis of the public data.
It is also £245k less expensive than the average property across the SG8 district.
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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
From 7 Pine Tree Lodge, Royston, the nearest station is Royston, 1.0 kilometres away.
- 1.0kmRoyston
- 5.4kmMeldreth
- 6.3kmAshwell & Morden
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
