£183,982
This estimated value is based upon the latest sale price for the house of £138,500 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£138,500 | 30 Sep 2016 |
£108,000 | 27 Nov 2015 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2016 the House Price Index for CAMBRIDGESHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £138,500 results in an estimated price of approximately £183,982.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £138,500 | £45,482 | £183,982 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | 107.154 % | £148,408 | £286,908 |
3 Month Average | 60.049 % | £83,168 | £221,668 |
6 Month Average | 33.674 % | £46,638 | £185,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £162,849 | £160,000 | 83 PRINCES STREET |
13 Jun 2023 | £261,164 | £258,000 | 38 PRINCES STREET |
1 Jul 2022 | £230,621 | £230,000 | 76 PRINCES STREET |
1 Jun 2022 | £96,362 | £95,000 | 5 REGENTS COURT |
11 Mar 2022 | £238,340 | £230,000 | 40 PRINCES STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 May 2016. Using an estimated price of £183,982 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on PRINCES STREET is 105 sq meters (1,140 sq feet).