£300,011
This estimated value is based upon the latest sale price for the house of £158,000 on 29 Oct 2004. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£158,000 | 29 Oct 2004 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 October 2004 the House Price Index for CAMBRIDGESHIRE was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £158,000 results in an estimated price of approximately £300,011.
29 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £158,000 | £142,011 | £300,011 |
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 | 110.103 % | £173,963 | £331,963 |
3 Month Average | 105.980 % | £167,448 | £325,448 |
6 Month Average | 99.904 % | £157,848 | £315,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £527,225 | £518,000 | 10 THE MEDWAY |
15 Nov 2023 | £337,497 | £332,500 | 27 THE MEDWAY |
5 Jun 2023 | £575,724 | £568,750 | 5 STOUR GREEN |
2 Mar 2023 | £349,291 | £346,000 | 14 CHELMER WAY |
28 Mar 2022 | £492,225 | £475,000 | 2 CHELMER WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Mar 2020. Using an estimated price of £300,012 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on CHELMER WAY is 126 sq meters (1,358 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelmer Way |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Medway |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wensum Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little London Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riflemans Close |