£181,423
This estimated value is based upon the latest sale price for the house of £85,000 on 9 Feb 2004. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 9 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2004 the House Price Index for CAMBRIDGESHIRE was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £85,000 results in an estimated price of approximately £181,423.
| 9 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £85,000 | £96,423 | £181,423 |
The Postcode Pricing Model uses changes in average sales price within the PE13 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 | 54.942 % | £46,700 | £131,700 |
| 3 Month Average | 67.322 % | £57,223 | £142,223 |
| 6 Month Average | 89.754 % | £76,290 | £161,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £156,358 | £155,000 | 42 SUMMERFIELD CLOSE |
| 18 Oct 2023 | £143,254 | £140,000 | 149 LEVERINGTON ROAD |
| 21 Aug 2023 | £160,902 | £158,000 | 63 SUMMERFIELD CLOSE |
| 2 Jun 2023 | £91,840 | £90,000 | 48 SUMMERFIELD CLOSE |
| 29 Mar 2023 | £100,681 | £99,000 | 59 SUMMERFIELD CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Apr 2015. Using an estimated price of £181,424 means this house is valued at £2,834 per sq meter (£263 per sq foot).
The average size of a house on SUMMERFIELD CLOSE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedley Lane |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cambridge Drive |