£270,852
This estimated value is based upon the latest sale price for the house of £220,000 on 22 May 2019. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 22 May 2019 |
| £41,000 | 3 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2019 the House Price Index for CAMBRIDGESHIRE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £220,000 results in an estimated price of approximately £270,852.
| 22 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £220,000 | £50,852 | £270,852 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 16.129 % | £35,483 | £255,483 |
| 3 Month Average | 18.884 % | £41,544 | £261,544 |
| 6 Month Average | 20.981 % | £46,158 | £266,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £295,592 | £290,000 | 4 WRIGHT AVENUE |
| 1 Dec 2023 | £248,705 | £244,000 | 17 DESBOROUGH AVENUE |
| 2 Aug 2023 | £276,683 | £275,000 | 49 DESBOROUGH AVENUE |
| 27 Feb 2023 | £294,607 | £296,000 | 41 CENTRAL SQUARE |
| 31 Aug 2022 | £266,201 | £268,000 | 31 DESBOROUGH AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Oct 2018. Using an estimated price of £270,852 means this house is valued at £3,303 per sq meter (£306 per sq foot).
The average size of a house on MACE ROAD is 122 sq meters (1,318 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Mace Road |
| Mar 2024 | Other crime | Under investigation | On or near Mace Road |