£480,156
This estimated value is based upon the latest sale price for the house of £397,500 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £397,500 | 24 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2020 the House Price Index for CAMBRIDGESHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £397,500 results in an estimated price of approximately £480,156.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £397,500 | £82,656 | £480,156 |
The Postcode Pricing Model uses changes in average sales price within the PE15 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 | 59.477 % | £236,422 | £633,922 |
| 3 Month Average | 12.331 % | £49,015 | £446,515 |
| 6 Month Average | 16.677 % | £66,290 | £463,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £419,000 | £419,000 | 9 CHURCH CLOSE |
| 28 Jun 2023 | £331,646 | £325,000 | 14 WIMBLINGTON ROAD |
| 8 Mar 2023 | £355,944 | £350,000 | 14 SPIRE VIEW |
| 13 Jan 2023 | £501,339 | £499,999 | 11 JOBS LANE |
| 19 Jul 2022 | £404,049 | £400,000 | 10B JOBS LANE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 13 May 2020. Using an estimated price of £480,157 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on SPIRE VIEW is 156 sq meters (1,687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Job'S Lane |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Sherbrooke Close |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Sherbrooke Close |
| Oct 2024 | Other crime | Action to be taken by another organisation | On or near Sherbrooke Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sherbrooke Close |