£311,150
This estimated value is based upon the latest sale price for the house of £245,000 on 10 Nov 2017. 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 Second Avenue
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| Price Paid | Date |
|---|---|
| £245,000 | 10 Nov 2017 |
| £205,000 | 31 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 November 2017 the House Price Index for CAMBRIDGESHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £245,000 results in an estimated price of approximately £311,150.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £245,000 | £66,150 | £311,150 |
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 | 65.194 % | £159,724 | £404,724 |
| 3 Month Average | 16.410 % | £40,205 | £285,205 |
| 6 Month Average | 23.156 % | £56,733 | £301,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £146,270 | £145,000 | 47 WEDGWOOD DRIVE |
| 28 Sep 2023 | £106,089 | £103,750 | FLAT 31 WEDGWOOD HALL WEDGWOOD DRIVE |
| 12 Sep 2023 | £253,079 | £247,500 | 46 WEDGWOOD DRIVE |
| 8 Mar 2023 | £203,397 | £200,000 | 17 WEDGWOOD DRIVE |
| 20 Jan 2023 | £118,316 | £118,000 | FLAT 33 WEDGWOOD HALL WEDGWOOD DRIVE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 4 Aug 2017. Using an estimated price of £311,150 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on SECOND AVENUE is 157 sq meters (1,692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Second Avenue |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Second Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourth Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |