£456,220
This estimated value is based upon the latest sale price for the house of £376,000 on 20 Mar 2020. 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 |
|---|---|
| £376,000 | 20 Mar 2020 |
| £195,000 | 14 Sep 2004 |
| £167,500 | 28 Nov 2002 |
| £58,500 | 15 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 619 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 March 2020 the House Price Index for CAMBRIDGESHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £376,000 results in an estimated price of approximately £456,220.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £376,000 | £80,220 | £456,220 |
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 | -23.317 % | £-87,671 | £288,328 |
| 3 Month Average | 1.999 % | £7,515 | £383,515 |
| 6 Month Average | 2.099 % | £7,890 | £383,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £637,592 | £618,000 | 31 NORFOLK TERRACE |
| 4 Oct 2023 | £301,856 | £295,000 | 5A DONEGAL |
| 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 |
This house has a floor area of 57 sq meters or 619 sq feet when measured on 28 Jul 2011. Using an estimated price of £456,221 means this house is valued at £7,930 per sq meter (£736 per sq foot).
The average size of a house on NORFOLK TERRACE is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blossom Street |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Norfolk Street |
| Jun 2024 | Public order | Under investigation | On or near Norfolk Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Street |
| May 2024 | Burglary | Under investigation | On or near Norfolk Street |