£403,709
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £340,000 | 14 Sep 2020 |
| £287,000 | 2 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2020 the House Price Index for CAMBRIDGESHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £340,000 results in an estimated price of approximately £403,709.
| 14 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £340,000 | £63,709 | £403,709 |
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 | -17.951 % | £-61,034 | £278,965 |
| 3 Month Average | 31.357 % | £106,614 | £446,614 |
| 6 Month Average | 34.085 % | £115,887 | £455,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £390,786 | £385,000 | 38 MERLIN DRIVE |
| 1 Nov 2023 | £482,138 | £475,000 | 49 MERLIN DRIVE |
| 30 Aug 2023 | £337,957 | £335,000 | 32 MERLIN DRIVE |
| 21 Aug 2023 | £521,058 | £516,500 | 3 MERLIN DRIVE |
| 22 Jun 2023 | £415,280 | £410,250 | 3 ROBINS CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 May 2017. Using an estimated price of £403,710 means this house is valued at £4,984 per sq meter (£463 per sq foot).
The average size of a house on MERLIN DRIVE is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Robins Close |
| Mar 2024 | Robbery | Under investigation | On or near Benedict Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Tye Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Christopher Tye Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Tye Close |