£271,158
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Oct 2023 |
| £218,000 | 14 Sep 2018 |
| £145,000 | 31 Oct 2012 |
| £165,000 | 28 Jul 2008 |
| £107,000 | 30 Apr 2002 |
| £53,000 | 25 Mar 1997 |
| £56,000 | 17 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2023 the House Price Index for CAMBRIDGESHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £265,000 results in an estimated price of approximately £271,158.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £265,000 | £6,158 | £271,158 |
The Postcode Pricing Model uses changes in average sales price within the PE16 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 | -19.466 % | £-51,584 | £213,415 |
| 3 Month Average | -10.331 % | £-27,376 | £237,623 |
| 6 Month Average | -3.313 % | £-8,779 | £256,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £271,159 | £265,000 | 2 CYGNET DRIVE |
| 30 Aug 2023 | £203,673 | £200,000 | 4 DRAKE AVENUE |
| 29 Aug 2023 | £249,500 | £245,000 | 23 GULL WAY |
| 31 Jan 2023 | £265,710 | £265,000 | 32 LODE WAY |
| 1 Jul 2022 | £186,872 | £185,000 | 12 LODE WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Jul 2018. Using an estimated price of £271,159 means this house is valued at £3,081 per sq meter (£286 per sq foot).
The average size of a house on CYGNET DRIVE is 78 sq meters (844 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Gull Way |
| May 2024 | Anti-social behaviour | On or near Drake Avenue | |
| May 2024 | Anti-social behaviour | On or near Drake Avenue | |
| May 2024 | Anti-social behaviour | On or near Drake Avenue | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tern Gardens |