£551,241
This estimated value is based upon the latest sale price for the house of £510,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£510,000 | 30 Jun 2021 |
£88,000 | 24 Feb 1997 |
Detached |
Freehold |
Floor Area: 180 sq meters or 1,937 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 June 2021 the House Price Index for CAMBRIDGESHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £510,000 results in an estimated price of approximately £551,241.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £510,000 | £41,241 | £551,241 |
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 | 14.189 % | £72,366 | £582,366 |
3 Month Average | 1.595 % | £8,135 | £518,135 |
6 Month Average | 7.482 % | £38,159 | £548,159 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £359,116 | £350,000 | 42 NORFOLK ROAD |
22 Sep 2023 | £378,340 | £370,000 | 25 HERTFORD CLOSE |
31 Mar 2023 | £274,586 | £270,000 | 120A ST JOHNS ROAD |
25 Aug 2022 | £421,973 | £420,000 | 18 NORTHAMPTON CLOSE |
24 May 2022 | £409,673 | £399,000 | 8 NORFOLK ROAD |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 5 Mar 2015. Using an estimated price of £551,242 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on HERTFORD CLOSE is 120 sq meters (1,292 sq feet).
This house is the largest in the street with a floor area of 180 sq meters (1,937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Suffolk Close | |
May 2024 | Anti-social behaviour | On or near Suffolk Close | |
May 2024 | Anti-social behaviour | On or near Suffolk Close | |
May 2024 | Anti-social behaviour | On or near Murfitt Close | |
May 2024 | Anti-social behaviour | On or near Murfitt Close |