7, Spencer Drive
7, Spencer Drive
Description & Estimates
According to the public record, 7, Spencer Drive, Royston is a mid-century freehold house with 581 ft2 of internal area and sits on a 466 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Spencer Drive, Royston is £305,808 and the estimated rental value is £1,245 per month.
Spencer Drive, Melbourn, Royston, SG8 is located in the borough of South Cambridgeshire within the SG8 postal district.
Our Data Sources
7, Spencer Drive, Royston has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated August 2009.
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.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Spencer Drive, Royston is in very good condition we estimate a sale value of £321,098 and a rental value of £1,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,401 and a rental value of £1,158 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Spencer Drive, Royston has decreased by £1,688 (0.6%), while its estimated rental value has grown by £31 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 7, Spencer Drive, Royston sits on a plot of 466 m2.
We have plot size data on 5 out of 9 other houses in the postcode and 7, Spencer Drive, Royston sits on the 3rd largest plot.
Energy Efficiency
7, Spencer Drive, Royston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Spencer Drive, Royston was last sold on 31st July 2020 for £390,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has dropped by 1.0%.
- Sold Jul 2020£390,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spencer Drive, Royston within a radius of 780 metres over the last 2 years.
The most recent example is 39, Medcalfe Way, Royston, SG8 6HU, a freehold house which sold for £275,000 on the 6th September 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
Spencer Drive, Melbourn, Royston, SG8 has a total of 9 addresses. According to our analysis of all the public data, 7, Spencer Drive, Royston is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in SG8.
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Schools Nearby
- 200mMelbourn Primary School
- 1.3kmMeldreth Primary School
- 3.6kmFowlmere Primary School
- 400mMelbourn Village College
- 5.6kmBassingbourn Village College
- 10.8kmSawston Village College
More reading links
Public Transport Nearby
The closest station to 7, Spencer Drive, Royston is Meldreth station, which is 1.0 kilometres away.
- 1.0kmMeldreth
- 3.4kmShepreth
- 4.6kmFoxton
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
