£124,979
This estimated value is based upon the latest sale price for the house of £85,000 on 5 May 2015. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 5 May 2015 |
| £103,000 | 17 Oct 2013 |
| £71,000 | 18 Nov 2002 |
| £42,000 | 26 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 2015 the House Price Index for CAMBRIDGESHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £85,000 results in an estimated price of approximately £124,979.
| 5 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £85,000 | £39,979 | £124,979 |
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 | 43.293 % | £36,798 | £121,798 |
| 3 Month Average | 23.836 % | £20,260 | £105,260 |
| 6 Month Average | 37.268 % | £31,677 | £116,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £214,292 | £211,000 | 28 SOUTHFIELDS CLOSE |
| 21 Mar 2024 | £152,341 | £150,000 | 11 JUBILEE WALK |
| 4 Dec 2023 | £177,453 | £172,000 | 39 PRINCE OF WALES CLOSE |
| 23 Oct 2023 | £189,299 | £185,000 | 44 WINDSOR DRIVE |
| 28 Sep 2023 | £163,607 | £160,000 | 6 WINDSOR DRIVE |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 18 May 2011. Using an estimated price of £124,979 means this house is valued at £1,816 per sq meter (£168 per sq foot).
The average size of a house on PRINCE OF WALES CLOSE is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Prince Of Wales Close |
| Aug 2024 | Anti-social behaviour | On or near Prince Of Wales Close | |
| Aug 2024 | Anti-social behaviour | On or near Prince Of Wales Close | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prince Of Wales Close |
| Aug 2024 | Anti-social behaviour | On or near Prince Of Wales Close |