£724,084
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Unit 3B, 23-25 Gwydir Street, Cambridge, CB1 2LG
Phone: 01223261126
| Price Paid | Date |
|---|---|
| £450,000 | 24 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2014 the House Price Index for CAMBRIDGESHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £450,000 results in an estimated price of approximately £724,084.
| 24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £450,000 | £274,084 | £724,084 |
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 | 19.115 % | £86,017 | £536,017 |
| 3 Month Average | 52.721 % | £237,244 | £687,244 |
| 6 Month Average | 57.303 % | £257,862 | £707,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £637,592 | £618,000 | 31 NORFOLK TERRACE |
| 14 Aug 2023 | £316,712 | £311,000 | 29 ASHLEY COURT |
| 29 Mar 2023 | £207,465 | £204,000 | 25 EDWARD STREET |
| 16 Aug 2022 | £620,250 | £617,350 | 21 NORFOLK TERRACE |
| 8 Aug 2022 | £494,814 | £492,500 | 11 EDWARD STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Dec 2013. Using an estimated price of £724,084 means this house is valued at £8,939 per sq meter (£830 per sq foot).
The average size of a house on NORFOLK TERRACE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blossom Street |
| Jun 2024 | Robbery | Under investigation | On or near Flower Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flower Street |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Flower Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Street |