£548,851
This estimated value is based upon the latest sale price for the house of £445,000 on 11 Jul 2019. 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 |
|---|---|
| £445,000 | 11 Jul 2019 |
| £309,995 | 1 Oct 2007 |
| £88,000 | 29 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for CAMBRIDGESHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £445,000 results in an estimated price of approximately £548,851.
| 11 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £445,000 | £103,851 | £548,851 |
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 | -29.174 % | £-129,825 | £315,174 |
| 3 Month Average | -4.379 % | £-19,486 | £425,513 |
| 6 Month Average | 16.704 % | £74,334 | £519,334 |
| 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 |
| 2 Sep 2022 | £298,589 | £301,000 | FLAT 9 AMBLECOTE EAST ROAD |
| 16 Aug 2022 | £615,693 | £617,350 | 21 NORFOLK TERRACE |
| 5 Aug 2022 | £720,062 | £722,000 | 11 NORFOLK STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Mar 2019. Using an estimated price of £548,852 means this house is valued at £8,071 per sq meter (£749 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 | 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 |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Flower Street |
| 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 |