£590,883
This estimated value is based upon the latest sale price for the house of £500,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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168-170 Mill Road, Cambridge, CB1 3LP
Phone: 01223801826
| Price Paid | Date |
|---|---|
| £500,000 | 16 Oct 2020 |
| £423,800 | 27 Jun 2014 |
| £287,500 | 10 Jul 2007 |
| £197,500 | 2 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 £500,000 results in an estimated price of approximately £590,883.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £500,000 | £90,883 | £590,883 |
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 | -16.792 % | £-83,959 | £416,040 |
| 3 Month Average | 1.974 % | £9,868 | £509,868 |
| 6 Month Average | 5.648 % | £28,239 | £528,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £283,718 | £275,000 | 74 WILLIAM SMITH CLOSE |
| 30 Oct 2023 | £399,064 | £390,000 | 32 WILLIAM SMITH CLOSE |
| 6 Oct 2023 | £393,947 | £385,000 | 1 ARGYLE STREET |
| 23 Mar 2023 | £691,549 | £680,000 | 16 DAVID STREET |
| 25 Nov 2022 | £227,934 | £229,000 | 86 WILLIAM SMITH CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Feb 2014. Using an estimated price of £590,883 means this house is valued at £7,774 per sq meter (£722 per sq foot).
The average size of a house on DAVID STREET is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near David Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near David Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charles Street |
| Jun 2024 | Anti-social behaviour | On or near William Smith Close | |
| Jun 2024 | Anti-social behaviour | On or near William Smith Close |