£341,183
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Nov 2015. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 5 Nov 2015 |
| £184,495 | 4 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2015 the House Price Index for CAMBRIDGESHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £245,000 results in an estimated price of approximately £341,183.
| 5 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £245,000 | £96,183 | £341,183 |
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 | 40.285 % | £98,699 | £343,699 |
| 3 Month Average | 38.454 % | £94,211 | £339,211 |
| 6 Month Average | 40.427 % | £99,045 | £344,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £156,368 | £155,000 | 14 PASTURE GROVE |
| 16 Jun 2023 | £359,353 | £355,000 | 32 MURFITT CLOSE |
| 3 Mar 2023 | £333,139 | £330,000 | 72 MORLEY DRIVE |
| 12 Jul 2022 | £320,814 | £319,950 | 52 MORLEY DRIVE |
| 1 Apr 2022 | £334,685 | £325,000 | 2 MURFITT CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Jul 2020. Using an estimated price of £341,183 means this house is valued at £4,264 per sq meter (£396 per sq foot).
The average size of a house on MORLEY DRIVE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given a caution | On or near Morley Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morley Drive |
| Jan 2024 | Drugs | Offender given a caution | On or near Morley Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Morley Drive |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Hollendale Walk |