£247,067
This estimated value is based upon the latest sale price for the house of £151,000 on 14 Oct 2013. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Ship Lane
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| Price Paid | Date |
|---|---|
| £151,000 | 14 Oct 2013 |
| £145,000 | 5 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 October 2013 the House Price Index for CAMBRIDGESHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £151,000 results in an estimated price of approximately £247,067.
| 14 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £151,000 | £96,067 | £247,067 |
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 | 127.154 % | £192,002 | £343,002 |
| 3 Month Average | 79.782 % | £120,471 | £271,471 |
| 6 Month Average | 86.950 % | £131,294 | £282,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £706,178 | £700,000 | 6 CARDINALS WAY |
| 27 Jul 2023 | £209,824 | £207,000 | 22 WINFARTHING COURT SHIP LANE |
| 30 Mar 2023 | £287,711 | £285,000 | 36 JUBILEE TERRACE |
| 12 Aug 2022 | £244,342 | £245,000 | 16 MISSIN GATE |
| 3 Aug 2022 | £349,060 | £350,000 | 10 SHIP LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Mar 2013. Using an estimated price of £247,067 means this house is valued at £4,941 per sq meter (£459 per sq foot).
The average size of a house on SHIP LANE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ship Lane |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ship Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ship Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardinals Way |
| Mar 2024 | Anti-social behaviour | On or near Jubilee Terrace |