£484,027
This estimated value is based upon the latest sale price for the house of £375,000 on 8 Jun 2017. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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191 Mill Road, Cambridge, CB1 3AN
Phone: 01223459122
| Price Paid | Date |
|---|---|
| £375,000 | 8 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2017 the House Price Index for CAMBRIDGESHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £375,000 results in an estimated price of approximately £484,027.
| 8 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £375,000 | £109,027 | £484,027 |
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 | -23.453 % | £-87,946 | £287,053 |
| 3 Month Average | 1.530 % | £5,739 | £380,739 |
| 6 Month Average | 9.948 % | £37,303 | £412,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £270,306 | £262,000 | 8 FAIRFAX ROAD |
| 24 Nov 2023 | £430,939 | £420,000 | 86 CROMWELL ROAD |
| 12 Sep 2023 | £547,571 | £535,500 | 78 CROMWELL ROAD |
| 30 Jun 2023 | £167,354 | £164,000 | 37 WINSTANLEY COURT CROMWELL ROAD |
| 2 Jun 2023 | £515,327 | £505,000 | 152 CATHARINE STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Mar 2017. Using an estimated price of £484,027 means this house is valued at £8,067 per sq meter (£749 per sq foot).
The average size of a house on CROMWELL ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cavendish Place |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Place |
| May 2024 | Drugs | Awaiting court outcome | On or near Cavendish Place |