£549,656
This estimated value is based upon the latest sale price for the house of £114,000 on 30 Jan 1998. 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 |
---|---|
£114,000 | 30 Jan 1998 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 1998 the House Price Index for CAMBRIDGESHIRE was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £114,000 results in an estimated price of approximately £549,656.
30 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 148.6 | 382.155 % | £114,000 | £435,656 | £549,656 |
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 | 268.985 % | £306,643 | £420,643 |
3 Month Average | 357.845 % | £407,942 | £521,942 |
6 Month Average | 456.234 % | £520,107 | £634,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £629,006 | £618,000 | 31 NORFOLK TERRACE |
14 Aug 2023 | £313,745 | £311,000 | 29 ASHLEY COURT |
16 Aug 2022 | £615,693 | £617,350 | 21 NORFOLK TERRACE |
27 Jun 2022 | £710,034 | £700,000 | 57 NORFOLK STREET |
17 Jun 2022 | £701,920 | £692,000 | 35 NORFOLK TERRACE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Jul 2019. Using an estimated price of £549,656 means this house is valued at £5,666 per sq meter (£526 per sq foot).
The average size of a house on NORFOLK TERRACE is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Terrace |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Blossom Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blossom Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flower Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Flower Street |