£580,832
This estimated value is based upon the latest sale price for the house of £450,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There has been one burglary within the last year on or near Madras Road
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
Price Paid | Date |
---|---|
£450,000 | 2 Jun 2017 |
£67,000 | 28 Jun 1996 |
£69,000 | 5 Jan 1996 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 2017 the House Price Index for CAMBRIDGESHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £450,000 results in an estimated price of approximately £580,832.
2 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £450,000 | £130,832 | £580,832 |
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 | -23.453 % | £-105,536 | £344,463 |
3 Month Average | 1.530 % | £6,887 | £456,887 |
6 Month Average | 9.948 % | £44,763 | £494,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2023 | £429,761 | £420,000 | 14 SUEZ ROAD |
27 Sep 2023 | £475,482 | £465,000 | 24 MADRAS ROAD |
15 Aug 2023 | £527,005 | £517,500 | 22 SUEZ ROAD |
14 Aug 2023 | £534,643 | £525,000 | 27 SUEZ ROAD |
14 Jun 2023 | £428,589 | £420,000 | 37 HOBART ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 29 Mar 2019. Using an estimated price of £580,833 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on MADRAS ROAD is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Madras Road |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Madras Road |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Madras Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Madras Road |
Jun 2024 | Other theft | Under investigation | On or near Madras Road |