£543,553
This estimated value is based upon the latest sale price for the house of £459,950 on 5 Oct 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£459,950 | 5 Oct 2020 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 £459,950 results in an estimated price of approximately £543,553.
5 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £459,950 | £83,603 | £543,553 |
The Postcode Pricing Model uses changes in average sales price within the CB7 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 | -18.628 % | £-85,678 | £374,271 |
3 Month Average | -5.354 % | £-24,625 | £435,324 |
6 Month Average | 7.722 % | £35,515 | £495,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £189,299 | £185,000 | 187 KINGS AVENUE |
4 Apr 2023 | £268,013 | £263,000 | 230 KINGS AVENUE |
17 Feb 2023 | £453,026 | £450,000 | 43 ALLEN ROAD |
19 Aug 2022 | £261,221 | £260,000 | 268 KINGS AVENUE |
28 Jul 2022 | £213,136 | £211,000 | 13 TURNER DRIVE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 11 Jun 2019. Using an estimated price of £543,554 means this house is valued at £4,181 per sq meter (£388 per sq foot).
The average size of a house on MONARCH WAY is 144 sq meters (1,557 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Brimstone Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Red Admiral Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Red Admiral Street |
Jul 2024 | Anti-social behaviour | On or near Turner Drive | |
May 2024 | Burglary | Under investigation | On or near Turner Drive |