£208,126
This estimated value is based upon the latest sale price for the house of £39,995 on 30 May 1997. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
Price Paid | Date |
---|---|
£39,995 | 30 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 376 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 May 1997 the House Price Index for CAMBRIDGESHIRE was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £39,995 results in an estimated price of approximately £208,126.
30 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £39,995 | £168,131 | £208,126 |
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 | 353.261 % | £141,286 | £181,281 |
3 Month Average | 483.078 % | £193,207 | £233,202 |
6 Month Average | 490.426 % | £196,146 | £236,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £1,436,463 | £1,400,000 | 264 - 268 MILL ROAD |
3 Oct 2023 | £475,807 | £465,000 | 262A MILL ROAD |
22 Mar 2023 | £397,641 | £391,000 | 58 CATHARINE STREET |
22 Mar 2023 | £513,577 | £505,000 | 48 SEDGWICK STREET |
10 Mar 2023 | £594,935 | £585,000 | 22 CATHARINE STREET |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 17 Apr 2018. Using an estimated price of £208,127 means this house is valued at £5,946 per sq meter (£552 per sq foot).
The average size of a house on MILL ROAD is 77 sq meters (830 sq feet).