£272,270
This estimated value is based upon the latest sale price for the house of £222,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £222,000 | 8 Nov 2019 |
| £115,995 | 10 Jul 2003 |
| £59,950 | 23 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for CAMBRIDGESHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £222,000 results in an estimated price of approximately £272,270.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £222,000 | £50,270 | £272,270 |
The Postcode Pricing Model uses changes in average sales price within the PE16 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 | -11.219 % | £-24,905 | £197,094 |
| 3 Month Average | 12.414 % | £27,559 | £249,559 |
| 6 Month Average | 5.928 % | £13,159 | £235,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £358,133 | £355,000 | 12 RAILWAY LANE |
| 4 Jul 2023 | £248,342 | £245,000 | 10 RAILWAY LANE |
| 14 Feb 2023 | £229,845 | £230,000 | PENMAENMAWR RAILWAY LANE |
| 1 Feb 2023 | £199,866 | £200,000 | 11H RAILWAY LANE |
| 20 Jun 2022 | £130,849 | £129,000 | 23 PARK STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 Jun 2019. Using an estimated price of £272,271 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on RAILWAY LANE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Oldforge Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near King Edward Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Megans Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ronalds Way |