£1,575,836
This estimated value is based upon the latest sale price for the house of £1,250,000 on 21 Nov 2017. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Adrian Way
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The Marque, 141 Hills Road, Cambridge, CB2 8RJ
Phone: 01223801797
| Price Paid | Date |
|---|---|
| £1,250,000 | 21 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 2017 the House Price Index for CAMBRIDGESHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,575,836.
| 21 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £1,250,000 | £325,836 | £1,575,836 |
The Postcode Pricing Model uses changes in average sales price within the CB2 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 | 2.881 % | £36,010 | £1,286,010 |
| 3 Month Average | -10.498 % | £-131,227 | £1,118,772 |
| 6 Month Average | 1.638 % | £20,476 | £1,270,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £2,491,799 | £2,470,000 | 244 HILLS ROAD |
| 26 Apr 2023 | £1,895,408 | £1,875,000 | 250 HILLS ROAD |
| 12 Aug 2022 | £2,019,564 | £2,025,000 | 224 HILLS ROAD |
| 1 Jul 2022 | £2,205,938 | £2,200,000 | 2B LONG ROAD |
| 28 Feb 2022 | £1,803,755 | £1,720,000 | 258 HILLS ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 30 Aug 2017. Using an estimated price of £1,575,836 means this house is valued at £8,250 per sq meter (£766 per sq foot).
The average size of a house on LONG ROAD is 172 sq meters (1,854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Adrian Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Adrian Way |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Adrian Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sedley Taylor Road |
| Mar 2024 | Other theft | Under investigation | On or near Sedley Taylor Road |