£343,014
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 21 Aug 2015 |
£157,000 | 28 Jul 2009 |
£160,000 | 18 Aug 2006 |
£125,000 | 21 Jun 2002 |
£59,995 | 3 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 744 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 August 2015 the House Price Index for CAMBRIDGESHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £240,000 results in an estimated price of approximately £343,014.
21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £240,000 | £103,014 | £343,014 |
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 | 94.456 % | £226,693 | £466,693 |
3 Month Average | 58.411 % | £140,187 | £380,187 |
6 Month Average | 63.691 % | £152,858 | £392,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £242,283 | £240,000 | 24 MORTON CLOSE |
20 Sep 2022 | £297,597 | £300,000 | 69 LUMLEY CLOSE |
12 Jul 2022 | £381,026 | £380,000 | 1 LUMLEY CLOSE |
8 Jun 2022 | £382,404 | £377,000 | 12 LUMLEY CLOSE |
1 Apr 2022 | £245,092 | £238,000 | 12 MORTON CLOSE |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 25 Mar 2009. Using an estimated price of £343,015 means this house is valued at £4,956 per sq meter (£460 per sq foot).
The average size of a house on LUMLEY CLOSE is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lumley Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Morton Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Morton Close |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Morton Close |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Morton Close |