£309,335
This estimated value is based upon the latest sale price for the house of £248,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £248,000 | 4 May 2018 |
| £164,995 | 7 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2018 the House Price Index for CAMBRIDGESHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £248,000 results in an estimated price of approximately £309,335.
| 4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £248,000 | £61,335 | £309,335 |
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 | -13.547 % | £-33,596 | £214,403 |
| 3 Month Average | 29.966 % | £74,315 | £322,315 |
| 6 Month Average | 28.702 % | £71,181 | £319,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £706,178 | £700,000 | 6 CARDINALS WAY |
| 27 Jul 2023 | £209,824 | £207,000 | 22 WINFARTHING COURT SHIP LANE |
| 12 Aug 2022 | £244,342 | £245,000 | 16 MISSIN GATE |
| 3 Aug 2022 | £349,060 | £350,000 | 10 SHIP LANE |
| 31 May 2022 | £377,106 | £370,000 | 24 BROAD STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Jan 2020. Using an estimated price of £309,335 means this house is valued at £5,426 per sq meter (£504 per sq foot).
The average size of a house on BROAD STREET is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardinals Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ship Lane |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fore Hill |