£505,336
This estimated value is based upon the latest sale price for the house of £102,000 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
| Price Paid | Date |
|---|---|
| £102,000 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 1997 the House Price Index for CAMBRIDGESHIRE was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £102,000 results in an estimated price of approximately £505,336.
| 31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £102,000 | £403,336 | £505,336 |
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 | 309.002 % | £315,182 | £417,182 |
| 3 Month Average | 376.337 % | £383,863 | £485,863 |
| 6 Month Average | 480.315 % | £489,921 | £591,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £471,022 | £465,000 | 24 MADRAS ROAD |
| 15 Aug 2023 | £522,067 | £517,500 | 22 SUEZ ROAD |
| 14 Aug 2023 | £529,633 | £525,000 | 27 SUEZ ROAD |
| 5 Apr 2023 | £576,204 | £570,000 | 310 MILL ROAD |
| 1 Jul 2022 | £491,824 | £490,500 | 18 HOBART ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 May 2012. Using an estimated price of £505,336 means this house is valued at £5,375 per sq meter (£499 per sq foot).
The average size of a house on MADRAS ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Madras Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Madras Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Madras Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madras Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Madras Road |