£280,012
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Jan 2019. 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 Ward Road
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
Price Paid | Date |
---|---|
£225,000 | 9 Jan 2019 |
Terraced |
Leasehold |
Floor Area: 39 sq meters or 419 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 2019 the House Price Index for CAMBRIDGESHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £225,000 results in an estimated price of approximately £280,012.
9 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £225,000 | £55,012 | £280,012 |
The Postcode Pricing Model uses changes in average sales price within the CB1 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 | -4.299 % | £-9,673 | £215,326 |
3 Month Average | -6.881 % | £-15,482 | £209,517 |
6 Month Average | 11.302 % | £25,428 | £250,428 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £771,701 | £765,000 | 4 GRAY ROAD |
1 Dec 2023 | £605,609 | £587,000 | 48 BIRDWOOD ROAD |
30 Nov 2023 | £513,023 | £500,000 | 51 BIRDWOOD ROAD |
1 Sep 2023 | £245,410 | £240,000 | 4 WARD ROAD |
26 Jun 2023 | £265,317 | £260,000 | 22 WARD ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 Jan 2017. Using an estimated price of £280,012 means this house is valued at £7,179 per sq meter (£667 per sq foot).
The average size of a house on WARD ROAD is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Ward Road |
Jul 2024 | Drugs | Unable to prosecute suspect | On or near Ward Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ward Road |
May 2024 | Theft from the person | Unable to prosecute suspect | On or near Ward Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ward Road |