£559,985
This estimated value is based upon the latest sale price for the house of £450,000 on 15 Feb 2019. 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 |
---|---|
£450,000 | 15 Feb 2019 |
£250,000 | 1 Feb 2008 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2019 the House Price Index for CAMBRIDGESHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £450,000 results in an estimated price of approximately £559,985.
15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £450,000 | £109,985 | £559,985 |
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 | -10.613 % | £-47,756 | £402,243 |
3 Month Average | 3.826 % | £17,215 | £467,215 |
6 Month Average | 11.401 % | £51,302 | £501,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £270,306 | £262,000 | 8 FAIRFAX ROAD |
30 Jun 2023 | £167,354 | £164,000 | 37 WINSTANLEY COURT CROMWELL ROAD |
2 Jun 2023 | £515,327 | £505,000 | 152 CATHARINE STREET |
25 Aug 2022 | £632,960 | £630,000 | 9 CROMWELL ROAD |
13 Jul 2022 | £643,700 | £637,250 | 20 FAIRFAX ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Jan 2017. Using an estimated price of £559,985 means this house is valued at £6,436 per sq meter (£597 per sq foot).
The average size of a house on FAIRFAX ROAD is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ross Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ross Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |