£499,141
This estimated value is based upon the latest sale price for the house of £312,500 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£312,500 | 31 Jan 2014 |
£207,500 | 8 Nov 2007 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 January 2014 the House Price Index for CAMBRIDGESHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £312,500 results in an estimated price of approximately £499,141.
31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £312,500 | £186,641 | £499,141 |
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 | 69.562 % | £217,381 | £529,881 |
3 Month Average | 70.650 % | £220,779 | £533,279 |
6 Month Average | 67.611 % | £211,283 | £523,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £560,303 | £550,500 | 2 MAWSON CLOSE |
13 Nov 2023 | £380,635 | £375,000 | 19 MAWSON CLOSE |
20 Sep 2023 | £415,310 | £410,000 | 10 HERVEY CLOSE |
30 Jun 2023 | £396,300 | £391,500 | 7 HERVEY CLOSE |
6 Apr 2023 | £343,701 | £340,000 | 5 THE CHASE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Sep 2013. Using an estimated price of £499,142 means this house is valued at £6,013 per sq meter (£558 per sq foot).
The average size of a house on THE CHASE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Chase |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Windmill Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tower Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |