£416,922
This estimated value is based upon the latest sale price for the house of £243,000 on 30 Aug 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There has been one burglary within the last year on or near Norfolk Street
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Unit 3B, 23-25 Gwydir Street, Cambridge, CB1 2LG
Phone: 01223261126
Price Paid | Date |
---|---|
£243,000 | 30 Aug 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 2012 the House Price Index for CAMBRIDGESHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £243,000 results in an estimated price of approximately £416,922.
30 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £243,000 | £173,922 | £416,922 |
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 | 14.307 % | £34,766 | £277,766 |
3 Month Average | 50.088 % | £121,714 | £364,714 |
6 Month Average | 60.663 % | £147,410 | £390,410 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £637,592 | £618,000 | 31 NORFOLK TERRACE |
4 Oct 2023 | £301,856 | £295,000 | 5A DONEGAL |
14 Aug 2023 | £316,712 | £311,000 | 29 ASHLEY COURT |
29 Mar 2023 | £207,465 | £204,000 | 25 EDWARD STREET |
16 Aug 2022 | £620,250 | £617,350 | 21 NORFOLK TERRACE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 May 2012. Using an estimated price of £416,923 means this house is valued at £4,298 per sq meter (£399 per sq foot).
The average size of a house on NORFOLK STREET is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Street |
Jun 2024 | Public order | Under investigation | On or near Norfolk Street |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Norfolk Street |
May 2024 | Burglary | Under investigation | On or near Norfolk Street |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Norfolk Street |