£180,616
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Sep 2014 |
| £77,500 | 11 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2014 the House Price Index for CAMBRIDGESHIRE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £120,000 results in an estimated price of approximately £180,616.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £120,000 | £60,616 | £180,616 |
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 | 119.096 % | £142,914 | £262,914 |
| 3 Month Average | 57.404 % | £68,885 | £188,885 |
| 6 Month Average | 61.483 % | £73,780 | £193,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £162,404 | £160,000 | 83 CREEK ROAD |
| 29 Sep 2023 | £224,369 | £221,500 | 40 NENE PARADE |
| 26 Apr 2023 | £149,611 | £148,000 | 63 CREEK ROAD |
| 12 Aug 2022 | £138,627 | £139,000 | 6A NENE PARADE |
| 8 Aug 2022 | £174,530 | £175,000 | 108 CREEK ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 29 Apr 2014. Using an estimated price of £180,617 means this house is valued at £1,901 per sq meter (£176 per sq foot).
The average size of a house on CREEK ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Nene Parade |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Nene Parade |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Nene Parade |
| Mar 2024 | Anti-social behaviour | On or near Wigstone'S Road |