£514,893
This estimated value is based upon the latest sale price for the house of £405,000 on 16 Oct 2017. 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 |
---|---|
£405,000 | 16 Oct 2017 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for CAMBRIDGESHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £405,000 results in an estimated price of approximately £514,893.
16 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £405,000 | £109,893 | £514,893 |
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 | -8.083 % | £-32,737 | £372,262 |
3 Month Average | 17.850 % | £72,292 | £477,292 |
6 Month Average | 2.911 % | £11,788 | £416,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £1,250,000 | £1,250,000 | ROMSEY LABOUR CLUB MILL ROAD |
29 Sep 2023 | £805,660 | £787,900 | 15 HEMINGFORD ROAD |
6 Mar 2023 | £209,499 | £206,000 | 31 RUTH BAGNALL COURT COLERIDGE ROAD |
3 Mar 2023 | £483,067 | £475,000 | 249 MILL ROAD |
30 Nov 2022 | £467,813 | £470,000 | 225 MILL ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Mar 2017. Using an estimated price of £514,894 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on MILL ROAD is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belgrave Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belgrave Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Malta Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Hemingford Road |
Jun 2024 | Anti-social behaviour | On or near Hemingford Road |