£270,520
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Nov 1997. 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 Sherwood Avenue
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| Price Paid | Date |
|---|---|
| £55,000 | 28 Nov 1997 |
| £51,000 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
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 1997 the House Price Index for CAMBRIDGESHIRE was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £55,000 results in an estimated price of approximately £270,520.
| 28 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £55,000 | £215,520 | £270,520 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 837.760 % | £460,768 | £515,768 |
| 3 Month Average | 405.259 % | £222,892 | £277,892 |
| 6 Month Average | 357.307 % | £196,518 | £251,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £302,798 | £297,500 | 7 SHERWOOD AVENUE |
| 1 Nov 2023 | £238,531 | £235,000 | 14 CHARNWOOD CLOSE |
| 27 Jul 2023 | £286,354 | £282,500 | 25 SHORTACRES ROAD |
| 28 Feb 2023 | £309,792 | £310,000 | 139 LONDON ROAD |
| 17 Nov 2022 | £296,410 | £300,000 | 82 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sherwood Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charnwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charnwood Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Charnwood Close |