£197,032
This estimated value is based upon the latest sale price for the house of £37,000 on 11 Dec 1996. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There has been one burglary within the last year on or near Springfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £37,000 | 11 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 December 1996 the House Price Index for CAMBRIDGESHIRE was 27.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 432.520%.Applying this 432.520% change to the original purchase price of £37,000 results in an estimated price of approximately £197,032.
| 11 Dec 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 146.7 | 432.520 % | £37,000 | £160,032 | £197,032 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | 624.137 % | £230,930 | £267,930 |
| 3 Month Average | 489.996 % | £181,298 | £218,298 |
| 6 Month Average | 399.557 % | £147,836 | £184,836 |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 20 Apr 2016.
The average size of a house on SPRINGFIELD ROAD is 142 sq meters (1,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Road |