£426,071
This estimated value is based upon the latest sale price for the house of £340,000 on 27 Jun 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£340,000 | 27 Jun 2018 |
£260,000 | 24 Sep 2014 |
£185,000 | 15 Apr 2004 |
£159,950 | 20 Dec 2002 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 June 2018 the House Price Index for CAMBRIDGESHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £340,000 results in an estimated price of approximately £426,071.
27 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £340,000 | £86,071 | £426,071 |
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 | 5.002 % | £17,007 | £357,007 |
3 Month Average | 26.671 % | £90,681 | £430,681 |
6 Month Average | 26.463 % | £89,974 | £429,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £360,692 | £352,500 | 96 STOUR GREEN |
25 Aug 2023 | £389,016 | £382,000 | 37 WELLAND PLACE |
17 Aug 2023 | £437,898 | £430,000 | 39 WELLAND PLACE |
30 Jun 2023 | £382,669 | £375,000 | 58 WELLAND PLACE |
18 Jan 2023 | £360,964 | £360,000 | 5 WELLAND PLACE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 24 Feb 2014. Using an estimated price of £426,071 means this house is valued at £3,737 per sq meter (£347 per sq foot).
The average size of a house on WELLAND PLACE is 129 sq meters (1,396 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Welland Place |
Jul 2024 | Drugs | Unable to prosecute suspect | On or near Welland Place |
Jun 2024 | Anti-social behaviour | On or near Welland Place | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Welland Place |
Jun 2024 | Anti-social behaviour | On or near Welland Place |