£352,443
This estimated value is based upon the latest sale price for the house of £277,495 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£277,495 | 11 Aug 2017 |
£227,000 | 30 May 2008 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 August 2017 the House Price Index for CAMBRIDGESHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £277,495 results in an estimated price of approximately £352,443.
11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £277,495 | £74,948 | £352,443 |
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 | 57.861 % | £160,561 | £438,056 |
3 Month Average | 38.048 % | £105,580 | £383,075 |
6 Month Average | 36.653 % | £101,709 | £379,204 |
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 |
20 Jan 2023 | £188,114 | £189,000 | 106 MERIVALE WAY |
28 Jun 2022 | £403,705 | £398,000 | 38 MERIVALE WAY |
8 Dec 2021 | £345,519 | £322,500 | 8 ALLEN ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 31 Jan 2014. Using an estimated price of £352,443 means this house is valued at £3,356 per sq meter (£311 per sq foot).
The average size of a house on MERIVALE WAY is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 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 | Anti-social behaviour | On or near Summerhayes | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allen Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |