£454,067
This estimated value is based upon the latest sale price for the house of £109,500 on 22 Oct 1999. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
Price Paid | Date |
---|---|
£109,500 | 22 Oct 1999 |
£78,000 | 15 Mar 1999 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in October 1999 the House Price Index for CAMBRIDGESHIRE was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £109,500 results in an estimated price of approximately £454,067.
22 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 148.6 | 314.674 % | £109,500 | £344,567 | £454,067 |
The Postcode Pricing Model uses changes in average sales price within the CB1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 385.183 % | £421,775 | £531,275 |
3 Month Average | 337.277 % | £369,318 | £478,818 |
6 Month Average | 357.623 % | £391,597 | £501,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £1,421,038 | £1,400,000 | 264 - 268 MILL ROAD |
22 Mar 2023 | £394,719 | £391,000 | 58 CATHARINE STREET |
31 Aug 2022 | £498,658 | £500,000 | FLAT 212 MILL ROAD |
13 May 2022 | £484,122 | £475,000 | 47 CATHARINE STREET |
30 Mar 2022 | £2,046,618 | £1,975,000 | 258 MILL ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Jul 2019. Using an estimated price of £454,068 means this house is valued at £6,985 per sq meter (£648 per sq foot).
The average size of a house on THODAY STREET is 85 sq meters (920 sq feet).