£524,347
This estimated value is based upon the latest sale price for the house of £500,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£500,000 | 25 Feb 2022 |
£335,000 | 5 Jun 2009 |
£202,500 | 26 Mar 2004 |
Detached |
Freehold |
Floor Area: 180 sq meters or 1,937 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 February 2022 the House Price Index for CAMBRIDGESHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £500,000 results in an estimated price of approximately £524,347.
25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £500,000 | £24,347 | £524,347 |
The Postcode Pricing Model uses changes in average sales price within the PE15 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 | -5.388 % | £-26,937 | £473,062 |
3 Month Average | -0.496 % | £-2,478 | £497,521 |
6 Month Average | -1.516 % | £-7,578 | £492,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £655,737 | £650,000 | 59 ELWYN ROAD |
5 Jan 2023 | £323,476 | £325,000 | 8 NEW ROAD |
31 Aug 2022 | £573,456 | £575,000 | ELWYN HOUSE, 44 ELWYN ROAD |
1 Jul 2022 | £120,324 | £120,000 | 21 ELWYN ROAD |
30 Jun 2022 | £463,551 | £457,000 | 75 ELWYN ROAD |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 14 Aug 2018. Using an estimated price of £524,347 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on ELWYN ROAD is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Elwyn Court |
Mar 2024 | Drugs | Under investigation | On or near Wherry Close |
Feb 2024 | Anti-social behaviour | On or near Wherry Close | |
Feb 2024 | Anti-social behaviour | On or near Wherry Close | |
Jan 2024 | Other crime | Under investigation | On or near New Road |