£425,544
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Jul 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 25 Jul 2012 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 July 2012 the House Price Index for CAMBRIDGESHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £250,000 results in an estimated price of approximately £425,544.
25 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £250,000 | £175,544 | £425,544 |
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 | 139.278 % | £348,195 | £598,195 |
3 Month Average | 104.827 % | £262,068 | £512,068 |
6 Month Average | 104.766 % | £261,914 | £511,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £378,310 | £375,000 | 10 THIRLBY GARDENS |
5 Jul 2023 | £215,399 | £212,500 | 15 SPENCER CROFT |
15 Mar 2023 | £323,043 | £320,000 | 14 REDMAN CLOSE |
24 Feb 2023 | £274,815 | £275,000 | 5 SIMEON CLOSE |
23 Feb 2023 | £318,286 | £318,500 | 13 REDMAN CLOSE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 20 Jun 2012. Using an estimated price of £425,545 means this house is valued at £2,676 per sq meter (£248 per sq foot).
The average size of a house on MERRIFIELD GARDENS is 236 sq meters (2,540 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thirlby Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Laney Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Laney Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Compton Fields |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Compton Fields |