£302,231
This estimated value is based upon the latest sale price for the house of £175,000 on 4 May 2011. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 4 May 2011 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 955 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 May 2011 the House Price Index for CAMBRIDGESHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £175,000 results in an estimated price of approximately £302,231.
| 4 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £175,000 | £127,231 | £302,231 |
The Postcode Pricing Model uses changes in average sales price within the CB6 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 | 105.636 % | £184,862 | £359,862 |
| 3 Month Average | 95.179 % | £166,562 | £341,562 |
| 6 Month Average | 84.413 % | £147,722 | £322,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £560,303 | £550,500 | 2 MAWSON CLOSE |
| 13 Nov 2023 | £380,635 | £375,000 | 19 MAWSON CLOSE |
| 31 Aug 2023 | £252,156 | £249,950 | 18 TOWER COURT |
| 6 Apr 2023 | £343,701 | £340,000 | 5 THE CHASE |
| 16 Nov 2022 | £274,673 | £278,000 | 31 TOWER COURT |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 22 Feb 2011. Using an estimated price of £302,232 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on THE CHASE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windmill Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Windmill Close |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Tower Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tower Road |