8, Elm Way
8, Elm Way
Description & Estimates
The public record lists 8, Elm Way, Royston as a freehold house.
Comparison with its neighbours suggests a modern house with 1,552 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
8, Elm Way, Royston has an estimated sale value of £621,485 and an estimated rental value of £1,762 per month, assuming reasonable condition and based on the information available.
Elm Way, Melbourn, Royston, SG8 lies in the borough of South Cambridgeshire, within the SG8 postal district.
Our Data Sources
8, Elm Way, Royston has 31 entries in the Land Registry , most recently in May 2010 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
In very good condition, we estimate 8, Elm Way, Royston would be worth £652,559, with a potential rental value of £1,850 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £577,981, with a rental value of £1,638 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 8, Elm Way, Royston has moved down by £7,493 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (1.9%). The property's estimated gross yield is currently 3.4%.
Sold Prices
8, Elm Way, Royston last changed hands on 17th May 2010, selling for £349,999. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 71.3% since May 2010.
- Sold May 2010£349,999
- Sold Dec 2006£295,000
- Sold Oct 1997£128,450
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 8, Elm Way, Royston across the last 2 years.
Most recently, 4, Elm Way, Royston, SG8 6UH, a freehold house, sold at £615,000 on the 14th January 2022.
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 8, Elm Way, Royston as the 2nd largest and the 2nd most expensive of the 24 addresses on Elm Way, Melbourn, Royston, SG8.
Against the SG8 postcode district average, it is £151k more expensive than the typical property.
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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
Meldreth station is the nearest stop to 8, Elm Way, Royston at 1.4 kilometres away.
- 1.4kmMeldreth
- 3.9kmShepreth
- 4.3kmRoyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
