£637,751
This estimated value is based upon the latest sale price for the house of £520,000 on 7 Nov 2019. 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 |
---|---|
£520,000 | 7 Nov 2019 |
£277,000 | 14 Feb 2012 |
£69,500 | 17 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 November 2019 the House Price Index for CAMBRIDGESHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £520,000 results in an estimated price of approximately £637,751.
7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £520,000 | £117,751 | £637,751 |
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 | -18.473 % | £-96,060 | £423,939 |
3 Month Average | -6.024 % | £-31,322 | £488,677 |
6 Month Average | 16.522 % | £85,913 | £605,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £471,022 | £465,000 | 24 MADRAS ROAD |
18 Sep 2023 | £496,346 | £490,000 | 27 HOBART ROAD |
15 Aug 2023 | £522,067 | £517,500 | 22 SUEZ ROAD |
14 Aug 2023 | £529,633 | £525,000 | 27 SUEZ ROAD |
1 Jul 2022 | £491,824 | £490,500 | 18 HOBART ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 11 Jun 2019. Using an estimated price of £637,752 means this house is valued at £6,016 per sq meter (£558 per sq foot).
The average size of a house on MADRAS ROAD is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Madras Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Madras Road |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Madras Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Madras Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madras Road |