16, GLENMERE CLOSE, CAMBRIDGE, CB1 8EF - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GLENMERE CLOSE is a midsized flat of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £278,768. It was last sold for £310,000 in January 2023, which was around 4% below the average January 2023 flat price in the Cambridge local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

16 GLENMERE CLOSE Sold Prices

Land registry data shows five sales for 16 GLENMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. All of the five 16 GLENMERE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 13 JAN	£310,000	£324,476	4% below HPI
2018 7 DEC	£282,000	£321,392	12% below HPI
2012 8 MAR	£186,000	£204,958	9% below HPI
2008 28 NOV	£150,000	£175,087	14% below HPI
2003 15 JUL	£130,500	£153,770	15% below HPI

What might 16 GLENMERE CLOSE be worth now?

16 GLENMERE CLOSE might now be worth an estimated £278,768.

This is based on house price deflation of 10.1%, between January 2023 and April 2026, for flats, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% deflationary decrease is applied to the most recent sale price for 16 GLENMERE CLOSE of £310,000 on 13th January 2023. For the value to have decreased from £310,000 to £278,768 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 16 GLENMERE CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The January 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GLENMERE CLOSE has not materially changed since January 2023.

How Large is 16 GLENMERE CLOSE?

16 GLENMERE CLOSE is 58m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of flats in Cambridge, based on EPC data. 43% of flats are smaller than 16 GLENMERE CLOSE, and 55% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

16 GLENMERE CLOSE: Plot

16 GLENMERE CLOSE sits on a plot of roughly 0.099 of an acre, or 402m².

Where is 16 GLENMERE CLOSE?

16 GLENMERE CLOSE is located in CAMBRIDGE, in the CB1 postcode district.