£405,019
This estimated value is based upon the latest sale price for the house of £234,995 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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168-170 Mill Road, Cambridge, CB1 3LP
Phone: 01223801826
| Price Paid | Date |
|---|---|
| £234,995 | 11 Nov 2011 |
| £232,000 | 16 Mar 2007 |
| £59,250 | 17 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 550 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 2011 the House Price Index for CAMBRIDGESHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £234,995 results in an estimated price of approximately £405,019.
| 11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £234,995 | £170,024 | £405,019 |
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 | 16.630 % | £39,078 | £274,073 |
| 3 Month Average | 49.320 % | £115,899 | £350,894 |
| 6 Month Average | 76.087 % | £178,801 | £413,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £151,943 | £150,000 | 35 WILLIAM SMITH CLOSE |
| 23 Mar 2023 | £686,467 | £680,000 | 16 DAVID STREET |
| 25 Nov 2022 | £226,259 | £229,000 | 86 WILLIAM SMITH CLOSE |
| 26 May 2022 | £403,483 | £395,880 | 15 WILLIAM SMITH CLOSE |
| 19 Apr 2022 | £401,622 | £390,000 | 4 WILLIAM SMITH CLOSE |
This house has a floor area of 51 sq meters or 550 sq feet when measured on 23 Sep 2011. Using an estimated price of £405,019 means this house is valued at £7,922 per sq meter (£736 per sq foot).
The average size of a house on WILLIAM SMITH CLOSE is 46 sq meters (497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Awaiting court outcome | On or near William Smith Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near William Smith Close |
| Jan 2024 | Anti-social behaviour | On or near William Smith Close | |
| Jan 2024 | Anti-social behaviour | On or near William Smith Close | |
| Jan 2024 | Anti-social behaviour | On or near William Smith Close |