£197,100
This estimated value is based upon the latest sale price for the house of £159,950 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 15 Nov 2018 |
| £135,000 | 18 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2018 the House Price Index for CAMBRIDGESHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £159,950 results in an estimated price of approximately £197,100.
| 15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £159,950 | £37,150 | £197,100 |
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 | -11.705 % | £-18,722 | £141,227 |
| 3 Month Average | 19.190 % | £30,694 | £190,644 |
| 6 Month Average | 44.181 % | £70,667 | £230,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £410,245 | £405,000 | 40 MERIVALE WAY |
| 6 Jul 2023 | £238,206 | £235,000 | 67 MERIVALE WAY |
| 1 Sep 2022 | £416,685 | £420,050 | 40 CAREY CLOSE |
| 27 May 2022 | £367,933 | £361,000 | 1 CAREY CLOSE |
| 17 Sep 2021 | £336,209 | £312,000 | 46 CAREY CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Sep 2014. Using an estimated price of £197,101 means this house is valued at £3,583 per sq meter (£332 per sq foot).
The average size of a house on KINGS AVENUE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merivale Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merivale Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merivale Way |
| Mar 2024 | Anti-social behaviour | On or near Summerhayes | |
| Mar 2024 | Anti-social behaviour | On or near Summerhayes |