£339,690
This estimated value is based upon the latest sale price for the house of £278,500 on 22 Jan 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £278,500 | 22 Jan 2020 |
| £250,000 | 27 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2020 the House Price Index for CAMBRIDGESHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £278,500 results in an estimated price of approximately £339,690.
| 22 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £278,500 | £61,190 | £339,690 |
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 | -15.076 % | £-41,986 | £236,513 |
| 3 Month Average | 36.246 % | £100,944 | £379,444 |
| 6 Month Average | 26.530 % | £73,886 | £352,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £377,607 | £371,000 | 29 ST MARTINS WALK |
| 18 Sep 2023 | £220,823 | £218,000 | 14 BRAYS LANE |
| 10 Jul 2023 | £334,502 | £330,000 | 12 PRICKWILLOW ROAD |
| 29 Mar 2023 | £258,435 | £256,000 | 22 ST MARTINS WALK |
| 26 Jan 2023 | £240,865 | £242,000 | 32 ST MARTINS WALK |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 9 Jul 2019. Using an estimated price of £339,690 means this house is valued at £3,501 per sq meter (£325 per sq foot).
The average size of a house on BRAYS LANE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St Martins Walk |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Martins Walk |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St Martins Walk |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St Martins Walk |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near St Martins Walk |