£623,000
This estimated value is based upon the latest sale price for the house of £186,500 on 31 Aug 2001. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Unit 3B, 23-25 Gwydir Street, Cambridge, CB1 2LG
Phone: 01223261126
Price Paid | Date |
---|---|
£186,500 | 31 Aug 2001 |
£125,000 | 20 Apr 2001 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 August 2001 the House Price Index for CAMBRIDGESHIRE was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £186,500 results in an estimated price of approximately £623,000.
31 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 149.7 | 234.049 % | £186,500 | £436,500 | £623,000 |
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 | 133.943 % | £249,804 | £436,304 |
3 Month Average | 196.936 % | £367,286 | £553,786 |
6 Month Average | 221.717 % | £413,502 | £600,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £637,592 | £618,000 | 31 NORFOLK TERRACE |
4 Oct 2023 | £301,856 | £295,000 | 5A DONEGAL |
14 Aug 2023 | £316,712 | £311,000 | 29 ASHLEY COURT |
16 Aug 2022 | £620,250 | £617,350 | 21 NORFOLK TERRACE |
27 Jun 2022 | £715,290 | £700,000 | 57 NORFOLK STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Sep 2019. Using an estimated price of £623,000 means this house is valued at £9,298 per sq meter (£863 per sq foot).
The average size of a house on NORFOLK TERRACE is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Robbery | Under investigation | On or near Flower Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flower Street |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Flower Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blossom Street |
Jun 2024 | Public order | Under investigation | On or near Norfolk Street |