£614,518
This estimated value is based upon the latest sale price for the house of £520,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 30 Oct 2020 |
| £195,000 | 25 Oct 2001 |
| £119,500 | 11 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2020 the House Price Index for CAMBRIDGESHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £520,000 results in an estimated price of approximately £614,518.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £520,000 | £94,518 | £614,518 |
The Postcode Pricing Model uses changes in average sales price within the CB6 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 | 12.513 % | £65,069 | £585,069 |
| 3 Month Average | 12.397 % | £64,463 | £584,463 |
| 6 Month Average | 20.659 % | £107,424 | £627,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £359,116 | £350,000 | 42 NORFOLK ROAD |
| 18 Oct 2023 | £168,835 | £165,000 | 11 PASTURE GROVE |
| 22 Sep 2023 | £378,340 | £370,000 | 25 HERTFORD CLOSE |
| 4 Aug 2023 | £157,847 | £155,000 | 14 PASTURE GROVE |
| 16 Jun 2023 | £362,260 | £355,000 | 32 MURFITT CLOSE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 10 Jun 2020. Using an estimated price of £614,519 means this house is valued at £4,327 per sq meter (£402 per sq foot).
The average size of a house on LEICESTER CLOSE is 144 sq meters (1,553 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Murfitt Close | |
| May 2024 | Anti-social behaviour | On or near Murfitt Close | |
| May 2024 | Anti-social behaviour | On or near Murfitt Close | |
| May 2024 | Anti-social behaviour | On or near Suffolk Close | |
| May 2024 | Anti-social behaviour | On or near Suffolk Close |