£224,989
This estimated value is based upon the latest sale price for the house of £210,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 14 Dec 2021 |
| £90,000 | 13 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 701 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 December 2021 the House Price Index for CAMBRIDGESHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £210,000 results in an estimated price of approximately £224,989.
| 14 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £210,000 | £14,989 | £224,989 |
The Postcode Pricing Model uses changes in average sales price within the PE15 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 | -15.376 % | £-32,290 | £177,709 |
| 3 Month Average | 3.212 % | £6,744 | £216,744 |
| 6 Month Average | 8.132 % | £17,078 | £227,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £274,808 | £270,000 | 327 NORWOOD ROAD |
| 27 Nov 2023 | £203,005 | £200,000 | 315 NORWOOD ROAD |
| 28 Jul 2023 | £154,580 | £152,500 | 29A PEYTON AVENUE |
| 31 Mar 2023 | £201,902 | £200,000 | 88 WISBECH ROAD |
| 29 Mar 2023 | £222,092 | £220,000 | 5 SMITHS CHASE |
This house has a floor area of 65 sq meters or 701 sq feet when measured on 12 Oct 2009. Using an estimated price of £224,989 means this house is valued at £3,450 per sq meter (£320 per sq foot).
The average size of a house on SMITHS CHASE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burberry Close |
| Apr 2024 | Public order | Under investigation | On or near Burberry Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burberry Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burberry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burberry Close |