£1,017,959
This estimated value is based upon the latest sale price for the house of £920,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£920,000 | 15 Oct 2021 |
£450,000 | 10 Nov 2003 |
Detached |
Freehold |
Floor Area: 236 sq meters or 2,540 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 2021 the House Price Index for CAMBRIDGESHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £920,000 results in an estimated price of approximately £1,017,959.
15 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £920,000 | £97,959 | £1,017,959 |
The Postcode Pricing Model uses changes in average sales price within the CB7 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 | 66.755 % | £614,146 | £1,534,146 |
3 Month Average | 35.025 % | £322,225 | £1,242,225 |
6 Month Average | 11.543 % | £106,195 | £1,026,195 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £649,618 | £640,000 | CHESTNUT HOUSE, 31 TOWER ROAD |
9 Mar 2023 | £494,660 | £490,000 | 60B CAMBRIDGE ROAD |
25 Aug 2022 | £1,123,007 | £1,126,030 | 98 CAMBRIDGE ROAD |
3 Aug 2022 | £324,128 | £325,000 | 75 CAMBRIDGE ROAD |
14 Feb 2022 | £859,929 | £820,000 | 83A CAMBRIDGE ROAD |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 28 May 2021. Using an estimated price of £1,017,960 means this house is valued at £4,313 per sq meter (£400 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 127 sq meters (1,371 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Cambridge Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Drugs | Formal action is not in the public interest | On or near Parking Area |
Mar 2024 | Public order | Unable to prosecute suspect | On or near The Turnpike |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |