£205,471
This estimated value is based upon the latest sale price for the house of £151,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £151,000 | 31 Mar 2016 |
| £162,500 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2016 the House Price Index for CAMBRIDGESHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £151,000 results in an estimated price of approximately £205,471.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £151,000 | £54,471 | £205,471 |
The Postcode Pricing Model uses changes in average sales price within the PE16 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 | -0.456 % | £-688 | £150,311 |
| 3 Month Average | 41.384 % | £62,489 | £213,489 |
| 6 Month Average | 40.687 % | £61,436 | £212,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £189,299 | £185,000 | 46 FAIRBAIRN WAY |
| 22 Aug 2023 | £280,051 | £275,000 | 8 MILLFIELD CLOSE |
| 4 Apr 2023 | £186,998 | £183,500 | 22 FAIRBAIRN WAY |
| 18 Jul 2022 | £343,441 | £340,000 | 79 FAIRBAIRN WAY |
| 8 Jul 2022 | £222,479 | £220,250 | 12 BLACKMILL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Jul 2020. Using an estimated price of £205,471 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on FAIRBAIRN WAY is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Fairbairn Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairbairn Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairbairn Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairbairn Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairbairn Way |