£583,900
This estimated value is based upon the latest sale price for the house of £545,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Cherry Close
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The Old Barn, 96 Whitehill Road, Cambridge, CB5 8LY
Phone: 01223801823
| Price Paid | Date |
|---|---|
| £545,000 | 3 Dec 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2021 the House Price Index for CAMBRIDGESHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £545,000 results in an estimated price of approximately £583,900.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £545,000 | £38,900 | £583,900 |
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 | -21.143 % | £-115,228 | £429,771 |
| 3 Month Average | 0.230 % | £1,250 | £546,250 |
| 6 Month Average | 18.458 % | £100,593 | £645,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £616,639 | £610,000 | 2 CHERRY CLOSE |
| 11 Apr 2023 | £439,735 | £435,000 | 41 MALVERN ROAD |
| 23 Feb 2023 | £399,731 | £400,000 | 14 FOREST ROAD |
| 16 Jan 2023 | £622,070 | £625,000 | 79 MILL END ROAD |
| 3 Dec 2021 | £583,901 | £545,000 | 8 CHERRY CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 14 May 2021. Using an estimated price of £583,901 means this house is valued at £4,262 per sq meter (£395 per sq foot).
The average size of a house on CHERRY CLOSE is 122 sq meters (1,321 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Forest Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar'S Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar'S Close |