£510,173
This estimated value is based upon the latest sale price for the house of £499,950 on 9 Jun 2023. 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 |
---|---|
£499,950 | 9 Jun 2023 |
£430,000 | 6 Jan 2017 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,020 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 2023 the House Price Index for CAMBRIDGESHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £499,950 results in an estimated price of approximately £510,173.
9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £499,950 | £10,223 | £510,173 |
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 | -24.419 % | £-122,081 | £377,868 |
3 Month Average | -12.890 % | £-64,443 | £435,506 |
6 Month Average | -2.157 % | £-10,784 | £489,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £1,250,000 | £1,250,000 | ROMSEY LABOUR CLUB MILL ROAD |
29 Sep 2023 | £501,045 | £490,000 | 33 BELGRAVE ROAD |
4 Aug 2023 | £486,270 | £477,500 | 19 BELGRAVE ROAD |
9 Jun 2023 | £510,174 | £499,950 | 267 MILL ROAD |
5 Apr 2023 | £580,865 | £570,000 | 310 MILL ROAD |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 27 Jul 2009. Using an estimated price of £510,174 means this house is valued at £5,383 per sq meter (£500 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 |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near St Philips 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 |