£330,243
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2016 the House Price Index for CAMBRIDGESHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £250,000 results in an estimated price of approximately £330,243.
| 12 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £250,000 | £80,243 | £330,243 |
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 | 25.415 % | £63,536 | £313,536 |
| 3 Month Average | 23.757 % | £59,392 | £309,392 |
| 6 Month Average | 28.305 % | £70,761 | £320,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £398,574 | £392,450 | 8 MERLIN DRIVE |
| 13 Nov 2023 | £538,674 | £525,000 | 6 ST ANDREWS WAY |
| 8 Nov 2023 | £395,027 | £385,000 | 38 MERLIN DRIVE |
| 1 Nov 2023 | £487,371 | £475,000 | 49 MERLIN DRIVE |
| 30 Aug 2023 | £341,153 | £335,000 | 32 MERLIN DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Nov 2017. Using an estimated price of £330,243 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on HERONS CLOSE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Benedict Street | |
| Jun 2024 | Public order | Under investigation | On or near Benedict Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Benedict Street |
| Jun 2024 | Anti-social behaviour | On or near Benedict Street | |
| Jun 2024 | Anti-social behaviour | On or near Benedict Street |