£294,017
This estimated value is based upon the latest sale price for the house of £295,000 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£295,000 | 21 Oct 2022 |
£141,000 | 7 Nov 2005 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 815 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 2022 the House Price Index for CAMBRIDGESHIRE was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £295,000 results in an estimated price of approximately £294,017.
21 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 149.7 | -0.333 % | £295,000 | £-982 | £294,017 |
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 | -0.922 % | £-2,720 | £292,279 |
3 Month Average | 1.095 % | £3,231 | £298,231 |
6 Month Average | 7.306 % | £21,551 | £316,551 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £350,000 | £350,000 | 71 ST OVINS GREEN |
30 Nov 2023 | £344,392 | £335,650 | 13 HILLS LANE |
27 Oct 2023 | £314,135 | £307,000 | 11 HILLS LANE |
6 Oct 2023 | £475,807 | £465,000 | 54 WEST END |
9 Mar 2023 | £238,991 | £235,000 | 41 WEST FEN ROAD |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 11 Mar 2009. Using an estimated price of £294,018 means this house is valued at £3,879 per sq meter (£360 per sq foot).
The average size of a house on HILLS LANE is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hills Lane |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hills Lane |
May 2024 | Shoplifting | Awaiting court outcome | On or near Little Lane |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Little Lane |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chiefs Street |