£388,583
This estimated value is based upon the latest sale price for the house of £225,000 on 18 May 2011. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 18 May 2011 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 May 2011 the House Price Index for CAMBRIDGESHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £225,000 results in an estimated price of approximately £388,583.
18 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £225,000 | £163,583 | £388,583 |
The Postcode Pricing Model uses changes in average sales price within the CB6 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 | 90.773 % | £204,238 | £429,238 |
3 Month Average | 86.332 % | £194,247 | £419,247 |
6 Month Average | 82.410 % | £185,421 | £410,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £371,500 | £366,000 | 3 MELDON PLACE |
22 Jun 2023 | £298,617 | £295,000 | 59 JOHN AMNER CLOSE |
1 Mar 2023 | £210,988 | £209,000 | 67 JOHN AMNER CLOSE |
5 Jul 2022 | £172,966 | £172,500 | 79 JOHN AMNER CLOSE |
1 Mar 2022 | £212,434 | £205,000 | 93 JOHN AMNER CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 23 Mar 2011. Using an estimated price of £388,583 means this house is valued at £3,530 per sq meter (£328 per sq foot).
The average size of a house on MELDON PLACE is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Little London Gardens |
Dec 2023 | Anti-social behaviour | On or near Little London Gardens | |
Dec 2023 | Anti-social behaviour | On or near Little London Gardens | |
Dec 2023 | Anti-social behaviour | On or near Little London Gardens | |
Dec 2023 | Anti-social behaviour | On or near Little London Gardens |