£657,406
This estimated value is based upon the latest sale price for the house of £475,000 on 11 Dec 2015. 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 Romsey Terrace
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
| Price Paid | Date |
|---|---|
| £475,000 | 11 Dec 2015 |
| £324,000 | 4 Nov 2013 |
| £86,000 | 11 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2015 the House Price Index for CAMBRIDGESHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £475,000 results in an estimated price of approximately £657,406.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £475,000 | £182,406 | £657,406 |
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 | -13.861 % | £-65,840 | £409,159 |
| 3 Month Average | -2.725 % | £-12,945 | £462,054 |
| 6 Month Average | 19.681 % | £93,484 | £568,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £161,412 | £160,000 | FLAT 25 MILLCROFT COURT MILL ROAD |
| 3 Aug 2023 | £534,678 | £530,000 | 20 ROMSEY TERRACE |
| 7 Sep 2022 | £178,558 | £180,000 | FLAT 7 MILLCROFT COURT MILL ROAD |
| 15 Aug 2022 | £459,762 | £461,000 | 21 ROMSEY TERRACE |
| 20 May 2022 | £652,291 | £640,000 | 105 ARGYLE STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Oct 2015. Using an estimated price of £657,406 means this house is valued at £8,650 per sq meter (£803 per sq foot).
The average size of a house on ROMSEY TERRACE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Romsey Terrace |
| Apr 2024 | Anti-social behaviour | On or near Romsey Terrace | |
| Apr 2024 | Burglary | Under investigation | On or near Romsey Terrace |
| Apr 2024 | Anti-social behaviour | On or near Romsey Terrace | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Romsey Terrace |