£442,263
This estimated value is based upon the latest sale price for the house of £248,000 on 30 Sep 2009. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There has been one burglary within the last year on or near Cam Drive
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| Price Paid | Date |
|---|---|
| £248,000 | 30 Sep 2009 |
| £240,000 | 20 Dec 2006 |
| £255,990 | 9 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 181 sq meters or 1,955 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 September 2009 the House Price Index for CAMBRIDGESHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £248,000 results in an estimated price of approximately £442,263.
| 30 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £248,000 | £194,263 | £442,263 |
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 | 101.367 % | £251,389 | £499,389 |
| 3 Month Average | 90.993 % | £225,663 | £473,663 |
| 6 Month Average | 92.620 % | £229,696 | £477,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £385,371 | £382,000 | 37 WELLAND PLACE |
| 17 Aug 2023 | £433,795 | £430,000 | 39 WELLAND PLACE |
| 18 Jan 2023 | £358,312 | £360,000 | 5 WELLAND PLACE |
| 5 Nov 2021 | £378,530 | £350,000 | 56 WELLAND PLACE |
| 29 Sep 2021 | £393,321 | £365,000 | 67 WELLAND PLACE |
This house has a floor area of 181 sq meters or 1,955 sq feet when measured on 28 Feb 2009. Using an estimated price of £442,263 means this house is valued at £2,434 per sq meter (£226 per sq foot).
The average size of a house on WELLAND PLACE is 129 sq meters (1,396 sq feet).
This house is the largest in the street with a floor area of 181 sq meters (1,955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Cam Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cam Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cam Drive |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cam Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Medway |