£593,954
This estimated value is based upon the latest sale price for the house of £426,000 on 4 Dec 2015. 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 Chalmers Road
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
| Price Paid | Date |
|---|---|
| £426,000 | 4 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2015 the House Price Index for CAMBRIDGESHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £426,000 results in an estimated price of approximately £593,954.
| 4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £426,000 | £167,954 | £593,954 |
The Postcode Pricing Model uses changes in average sales price within the CB1 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 | -13.428 % | £-57,202 | £368,797 |
| 3 Month Average | 4.501 % | £19,172 | £445,172 |
| 6 Month Average | 9.894 % | £42,148 | £468,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £771,701 | £765,000 | 4 GRAY ROAD |
| 29 Sep 2023 | £618,637 | £605,000 | 15 KELVIN CLOSE |
| 19 Jan 2023 | £263,203 | £262,500 | 86A CHALMERS ROAD |
| 8 Sep 2022 | £493,171 | £493,500 | 72 CHALMERS ROAD |
| 5 May 2022 | £256,687 | £250,000 | 14A GRAY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Jul 2017. Using an estimated price of £593,954 means this house is valued at £6,827 per sq meter (£634 per sq foot).
The average size of a house on CHALMERS ROAD is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chalmers Road |
| Jul 2024 | Burglary | Under investigation | On or near Ward Road |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Ward Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ward Road |
| May 2024 | Theft from the person | Unable to prosecute suspect | On or near Ward Road |