£188,082
This estimated value is based upon the latest sale price for the house of £105,000 on 28 Nov 2008. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 28 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 November 2008 the House Price Index for CAMBRIDGESHIRE was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £105,000 results in an estimated price of approximately £188,082.
| 28 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £105,000 | £83,082 | £188,082 |
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 | 157.991 % | £165,890 | £270,890 |
| 3 Month Average | 124.104 % | £130,309 | £235,309 |
| 6 Month Average | 102.054 % | £107,156 | £212,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £359,353 | £355,000 | 32 MURFITT CLOSE |
| 3 Mar 2023 | £333,139 | £330,000 | 72 MORLEY DRIVE |
| 12 Jul 2022 | £320,814 | £319,950 | 52 MORLEY DRIVE |
| 1 Apr 2022 | £334,685 | £325,000 | 2 MURFITT CLOSE |
| 21 Jan 2022 | £319,932 | £304,000 | 8 MORLEY DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Jan 2019. Using an estimated price of £188,083 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on MURFITT CLOSE is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given a caution | On or near Morley Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morley Drive |
| Jan 2024 | Drugs | Offender given a caution | On or near Morley Drive |
| Feb 2024 | Anti-social behaviour | On or near Briar Grove | |
| Feb 2024 | Anti-social behaviour | On or near Briar Grove |