£947,937
This estimated value is based upon the latest sale price for the house of £550,000 on 16 Nov 2011. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Adrian Way
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The Marque, 141 Hills Road, Cambridge, CB2 8RJ
Phone: 01223801797
| Price Paid | Date |
|---|---|
| £550,000 | 16 Nov 2011 |
| £570,000 | 28 Apr 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 125 sq meters or 1,356 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 November 2011 the House Price Index for CAMBRIDGESHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £550,000 results in an estimated price of approximately £947,937.
| 16 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £550,000 | £397,937 | £947,937 |
The Postcode Pricing Model uses changes in average sales price within the CB2 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 | 65.467 % | £360,070 | £910,070 |
| 3 Month Average | 34.113 % | £187,623 | £737,623 |
| 6 Month Average | 59.834 % | £329,088 | £879,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £2,491,799 | £2,470,000 | 244 HILLS ROAD |
| 26 Apr 2023 | £1,895,408 | £1,875,000 | 250 HILLS ROAD |
| 11 Jan 2023 | £467,796 | £470,000 | FLAT 9 291 HILLS ROAD |
| 6 Jan 2023 | £467,796 | £470,000 | FLAT 8 291 HILLS ROAD |
| 16 Dec 2022 | £467,796 | £410,000 | FLAT 6 291 HILLS ROAD |
This house has a floor area of 125 sq meters or 1,356 sq feet when measured on 17 Jan 2011. Using an estimated price of £947,938 means this house is valued at £7,523 per sq meter (£698 per sq foot).
The average size of a house on LONG ROAD is 172 sq meters (1,854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Adrian Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Adrian Way |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Adrian Way |
| Apr 2024 | Other theft | Under investigation | On or near Puddicombe Way |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |