£580,835
This estimated value is based upon the latest sale price for the house of £342,500 on 4 Jun 2010. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Mill Road, Cambridge, CB1 3AH
Phone: 01223784352
| Price Paid | Date |
|---|---|
| £342,500 | 4 Jun 2010 |
| £168,500 | 15 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 781 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 2010 the House Price Index for CAMBRIDGESHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £342,500 results in an estimated price of approximately £580,835.
| 4 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £342,500 | £238,335 | £580,835 |
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 | 30.368 % | £104,011 | £446,511 |
| 3 Month Average | 62.613 % | £214,449 | £556,949 |
| 6 Month Average | 91.916 % | £314,810 | £657,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £458,318 | £454,000 | 19 COCKBURN STREET |
| 24 Feb 2023 | £502,512 | £502,850 | 55 ARGYLE STREET |
| 17 Feb 2023 | £524,647 | £525,000 | 24 STOCKWELL STREET |
| 30 Jan 2023 | £666,859 | £670,000 | 61 ARGYLE STREET |
| 7 Jul 2022 | £506,363 | £505,000 | 7 STOCKWELL STREET |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 2 Apr 2010. Using an estimated price of £580,835 means this house is valued at £8,004 per sq meter (£743 per sq foot).
The average size of a house on COCKBURN STREET is 69 sq meters (751 sq feet).