£155,905
This estimated value is based upon the latest sale price for the house of £95,000 on 2 Feb 2007. 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 Lake Court
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| Price Paid | Date |
|---|---|
| £95,000 | 2 Feb 2007 |
| £152,500 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 February 2007 the House Price Index for CAMBRIDGESHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £95,000 results in an estimated price of approximately £155,905.
| 2 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £95,000 | £60,905 | £155,905 |
The Postcode Pricing Model uses changes in average sales price within the PE13 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 | 25.288 % | £24,023 | £119,023 |
| 3 Month Average | 25.195 % | £23,934 | £118,934 |
| 6 Month Average | 44.188 % | £41,978 | £136,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £250,000 | £250,000 | 16A MARSH WALK |
| 24 Apr 2024 | £196,708 | £195,000 | 91 NORWICH ROAD |
| 20 Dec 2023 | £60,870 | £59,000 | 39 KING STREET |
| 19 Dec 2023 | £164,041 | £159,000 | 6 LEGION WALK |
| 23 Nov 2023 | £102,605 | £100,000 | 85 NORWICH ROAD |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 20 Apr 2010. Using an estimated price of £155,906 means this house is valued at £866 per sq meter (£80 per sq foot).
The average size of a house on NORWICH ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lake Court | |
| Oct 2024 | Anti-social behaviour | On or near Lake Court | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Lake Court |
| Oct 2024 | Anti-social behaviour | On or near Lake Court | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lake Court |