53, GLENMERE CLOSE, CAMBRIDGE, CB1 8EF - £265,000

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.

53 GLENMERE CLOSE is a small flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £234,466. It was last sold for £265,000 in July 2017, which was around 20% below the average July 2017 flat price in the Cambridge local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was B.

53 GLENMERE CLOSE Sold Prices

Land registry data shows two sales for 53 GLENMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. Both of the two 53 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
2017 5 JUL	£265,000	£329,785	20% below HPI
1999 7 DEC	£78,000	£82,299	5% below HPI

What might 53 GLENMERE CLOSE be worth now?

53 GLENMERE CLOSE might now be worth an estimated £234,466.

This is based on house price deflation of 11.5%, between July 2017 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 11.5% deflationary decrease is applied to the most recent sale price for 53 GLENMERE CLOSE of £265,000 on 5th July 2017. For the value to have decreased from £265,000 to £234,466 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 53 GLENMERE CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The July 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 53 GLENMERE CLOSE has not materially changed since July 2017.

How Large is 53 GLENMERE CLOSE?

53 GLENMERE CLOSE is 55m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of flats in Cambridge, based on EPC data. 37% of flats are smaller than 53 GLENMERE CLOSE, and 63% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

53 GLENMERE CLOSE: Plot

53 GLENMERE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m².

Where is 53 GLENMERE CLOSE?

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