£221,698
This estimated value is based upon the latest sale price for the house of £130,000 on 23 May 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 May 2012 |
| £104,000 | 23 May 2003 |
| £45,000 | 31 Jan 1997 |
| Semi-Detached |
| Freehold |
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 May 2012 the House Price Index for CAMBRIDGESHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £130,000 results in an estimated price of approximately £221,698.
| 23 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £130,000 | £91,698 | £221,698 |
The Postcode Pricing Model uses changes in average sales price within the PE7 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 | 72.825 % | £94,672 | £224,672 |
| 3 Month Average | 30.097 % | £39,126 | £169,126 |
| 6 Month Average | 48.836 % | £63,486 | £193,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £248,004 | £245,000 | 32 LANCASTER WAY |
| 12 Jun 2023 | £207,514 | £205,000 | 12 DUNDEE CREST BROADWAY |
| 6 Apr 2023 | £215,318 | £213,000 | 53 LANCASTER WAY |
| 29 Jul 2022 | £240,648 | £240,000 | 26 MEADOW WALK |
| 16 Jun 2022 | £210,474 | £207,500 | 14 ORCHARD WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Lavender Close |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Lavender Close |
| Dec 2023 | Public order | Local resolution | On or near Lavender Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Court |
| Jan 2024 | Anti-social behaviour | On or near Lancaster Court |