£6,181,306
This estimated value is based upon the latest sale price for the house of £5,500,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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60 Regent Street, Cambridge, CB2 1DP
Phone: 01223784690
| Price Paid | Date |
|---|---|
| £5,500,000 | 31 Aug 2021 |
| Detached |
| Leasehold |
| Floor Area: 406 sq meters or 4,370 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 August 2021 the House Price Index for CAMBRIDGESHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £5,500,000 results in an estimated price of approximately £6,181,306.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £5,500,000 | £681,306 | £6,181,306 |
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 | 37.627 % | £2,069,511 | £7,569,511 |
| 3 Month Average | -20.787 % | £-1,143,311 | £4,356,688 |
| 6 Month Average | 17.049 % | £937,670 | £6,437,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £606,641 | £588,000 | FLAT 3 CHIPPENHAM HOUSE SOUTHACRE DRIVE |
| 30 Nov 2023 | £3,232,043 | £3,150,001 | 25 CHAUCER ROAD |
| 10 Nov 2023 | £333,465 | £325,000 | 5 QUEENSWAY |
| 15 Sep 2023 | £299,605 | £293,000 | 50 QUEENSWAY |
| 22 Jun 2023 | £1,887,832 | £1,850,000 | 4 CHAUCER CLOSE |
This house has a floor area of 406 sq meters or 4,370 sq feet when measured on 15 Sep 2020. Using an estimated price of £6,181,306 means this house is valued at £15,224 per sq meter (£1,414 per sq foot).
The average size of a house on CHAUCER ROAD is 384 sq meters (4,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |