£453,728
This estimated value is based upon the latest sale price for the house of £242,000 on 3 Apr 2009. 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 |
---|---|
£242,000 | 3 Apr 2009 |
£185,000 | 30 May 2008 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 809 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 April 2009 the House Price Index for CAMBRIDGESHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £242,000 results in an estimated price of approximately £453,728.
3 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.491 % | £242,000 | £211,728 | £453,728 |
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 | 52.713 % | £127,565 | £369,565 |
3 Month Average | 113.226 % | £274,005 | £516,005 |
6 Month Average | 107.438 % | £260,000 | £502,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2023 | £429,761 | £420,000 | 14 SUEZ ROAD |
27 Sep 2023 | £475,482 | £465,000 | 24 MADRAS ROAD |
15 Aug 2023 | £527,005 | £517,500 | 22 SUEZ ROAD |
14 Aug 2023 | £534,643 | £525,000 | 27 SUEZ ROAD |
14 Jun 2023 | £428,589 | £420,000 | 37 HOBART ROAD |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 11 Nov 2008. Using an estimated price of £453,729 means this house is valued at £6,029 per sq meter (£560 per sq foot).
The average size of a house on MARMORA ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Suez Road | |
Jun 2024 | Anti-social behaviour | On or near Suez Road | |
Jun 2024 | Anti-social behaviour | On or near Suez Road | |
Jun 2024 | Anti-social behaviour | On or near Suez Road | |
May 2024 | Other crime | Awaiting court outcome | On or near Suez Road |