£205,250
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 15 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2018 the House Price Index for CAMBRIDGESHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £165,000 results in an estimated price of approximately £205,250.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £165,000 | £40,250 | £205,250 |
The Postcode Pricing Model uses changes in average sales price within the PE13 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 | 85.736 % | £141,463 | £306,463 |
| 3 Month Average | 11.861 % | £19,570 | £184,570 |
| 6 Month Average | 19.401 % | £32,011 | £197,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £192,855 | £190,000 | 42 PETTS CLOSE |
| 17 Mar 2023 | £201,902 | £200,000 | 17 PETTS CLOSE |
| 4 Jan 2023 | £547,421 | £550,000 | 22 OLD LYNN ROAD |
| 19 Aug 2022 | £245,340 | £246,000 | 4A GRIMMERS ROAD |
| 25 Mar 2022 | £207,252 | £200,000 | 45 PETTS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Feb 2019. Using an estimated price of £205,250 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on SMOCKMILL PLACE is 98 sq meters (1,054 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeffery Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jeffery Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jeffery Avenue |
| Mar 2024 | Anti-social behaviour | On or near Petts Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petts Close |