£117,558
This estimated value is based upon the latest sale price for the house of £94,500 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Price Paid | Date |
---|---|
£94,500 | 7 Sep 2018 |
£83,000 | 20 Nov 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 September 2018 the House Price Index for CAMBRIDGESHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £94,500 results in an estimated price of approximately £117,558.
7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £94,500 | £23,058 | £117,558 |
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 | -24.305 % | £-22,968 | £71,531 |
3 Month Average | -4.974 % | £-4,700 | £89,799 |
6 Month Average | 12.040 % | £11,377 | £105,877 |
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 |
10 Feb 2023 | £257,722 | £256,000 | 125 NORWICH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Apr 2012. Using an estimated price of £117,559 means this house is valued at £2,026 per sq meter (£188 per sq foot).
The average size of a house on WEDGWOOD DRIVE is 71 sq meters (766 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Wedgwood Drive | |
Aug 2024 | Anti-social behaviour | On or near Wedgwood Drive | |
Aug 2024 | Anti-social behaviour | On or near Wedgwood Drive | |
Aug 2024 | Anti-social behaviour | On or near Wedgwood Drive | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wedgwood Drive |