£98,781
This estimated value is based upon the latest sale price for the house of £58,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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140 Hills Road, Cambridge, CB2 8PB
Phone: 01223784694
Price Paid | Date |
---|---|
£58,000 | 24 Aug 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 603 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 August 2012 the House Price Index for CAMBRIDGESHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £58,000 results in an estimated price of approximately £98,781.
24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £58,000 | £40,781 | £98,781 |
The Postcode Pricing Model uses changes in average sales price within the CB2 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 | 13.286 % | £7,705 | £65,705 |
3 Month Average | 44.917 % | £26,051 | £84,051 |
6 Month Average | 70.804 % | £41,066 | £99,066 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2022 | £598,611 | £597,000 | APARTMENT 14 THE BELVEDERE HOMERTON STREET |
31 May 2022 | £596,235 | £585,000 | FLAT 65 THE BELVEDERE HOMERTON STREET |
14 Apr 2022 | £330,566 | £321,000 | FLAT 45 THE BELVEDERE HOMERTON STREET |
22 Sep 2021 | £114,225 | £106,000 | FLAT 12 HOMERTON HOUSE HOMERTON STREET |
12 Apr 2021 | £536,360 | £475,000 | APARTMENT 24 THE BELVEDERE HOMERTON STREET |
This house has a floor area of 56 sq meters or 603 sq feet when measured on 30 Mar 2012. Using an estimated price of £98,781 means this house is valued at £1,762 per sq meter (£163 per sq foot).
The average size of a house on HOMERTON STREET is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Homerton Street |
Mar 2024 | Anti-social behaviour | On or near Homerton Street | |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Homerton Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Homerton Street |