£284,111
This estimated value is based upon the latest sale price for the house of £55,500 on 31 Jul 1997. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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168-170 Mill Road, Cambridge, CB1 3LP
Phone: 01223801826
| Price Paid | Date |
|---|---|
| £55,500 | 31 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 512 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 July 1997 the House Price Index for CAMBRIDGESHIRE was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £55,500 results in an estimated price of approximately £284,111.
| 31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £55,500 | £228,611 | £284,111 |
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 | 316.385 % | £175,593 | £231,093 |
| 3 Month Average | 434.383 % | £241,082 | £296,582 |
| 6 Month Average | 469.035 % | £260,314 | £315,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £165,072 | £160,000 | 59 WILLIAM SMITH CLOSE |
| 18 Dec 2023 | £283,718 | £275,000 | 74 WILLIAM SMITH CLOSE |
| 30 Oct 2023 | £399,064 | £390,000 | 32 WILLIAM SMITH CLOSE |
| 12 Sep 2023 | £153,381 | £150,000 | 35 WILLIAM SMITH CLOSE |
| 8 Aug 2023 | £432,806 | £425,000 | 11 BRANDT HOUSE RUSTAT AVENUE |
This house has a floor area of 47 sq meters or 512 sq feet when measured on 14 Nov 2008. Using an estimated price of £284,112 means this house is valued at £5,964 per sq meter (£554 per sq foot).
The average size of a house on WILLIAM SMITH CLOSE is 46 sq meters (497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near William Smith Close | |
| Jun 2024 | Anti-social behaviour | On or near William Smith Close | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charles Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Rustat Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rustat Close |