£622,069
This estimated value is based upon the latest sale price for the house of £625,000 on 31 Jan 2023. 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 |
|---|---|
| £625,000 | 31 Jan 2023 |
| £501,000 | 1 Mar 2019 |
| £267,000 | 10 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2023 the House Price Index for CAMBRIDGESHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £625,000 results in an estimated price of approximately £622,069.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £625,000 | £-2,930 | £622,069 |
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 | -21.253 % | £-132,832 | £492,167 |
| 3 Month Average | -4.954 % | £-30,964 | £594,035 |
| 6 Month Average | 6.272 % | £39,197 | £664,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £496,346 | £490,000 | 27 HOBART ROAD |
| 12 Jul 2023 | £709,550 | £700,000 | 10 MONTREAL ROAD |
| 2 Jun 2023 | £237,881 | £235,000 | FLAT 2 326 MILL ROAD |
| 31 Jan 2023 | £622,070 | £625,000 | 378 MILL ROAD |
| 1 Jul 2022 | £491,824 | £490,500 | 18 HOBART ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 May 2018. Using an estimated price of £622,070 means this house is valued at £6,039 per sq meter (£561 per sq foot).
The average size of a house on MILL ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hospital |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hospital |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hospital |