£378,579
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 21 Aug 2014 |
£232,500 | 11 May 2007 |
£177,500 | 22 Apr 2005 |
£176,995 | 6 May 2004 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2014 the House Price Index for CAMBRIDGESHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £250,000 results in an estimated price of approximately £378,579.
21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £250,000 | £128,579 | £378,579 |
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 | 48.356 % | £120,889 | £370,889 |
3 Month Average | 54.755 % | £136,886 | £386,886 |
6 Month Average | 58.176 % | £145,439 | £395,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £527,225 | £518,000 | 10 THE MEDWAY |
15 Nov 2023 | £337,497 | £332,500 | 27 THE MEDWAY |
16 Jun 2022 | £294,157 | £290,000 | 113 STOUR GREEN |
28 Jul 2021 | £384,429 | £334,500 | 1 DALTON WAY |
29 Jun 2021 | £469,404 | £437,500 | 68 STOUR GREEN |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 31 Mar 2014. Using an estimated price of £378,580 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on THE MEDWAY is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Medway |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelmer Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wensum Way |
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 |