55, GLENMERE CLOSE, CAMBRIDGE, CB1 8EF - £275,000

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.

55 GLENMERE CLOSE is a midsized flat of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £246,835. It was last sold for £275,000 in June 2022, which was around 15% below the average June 2022 flat price in the Cambridge local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

55 GLENMERE CLOSE Sold Prices

Land registry data shows two sales for 55 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 55 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
2022 27 JUN	£275,000	£325,080	15% below HPI
1996 19 JUN	£48,000	£58,226	18% below HPI

What might 55 GLENMERE CLOSE be worth now?

55 GLENMERE CLOSE might now be worth an estimated £246,835.

This is based on house price deflation of 10.2%, between June 2022 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 10.2% deflationary decrease is applied to the most recent sale price for 55 GLENMERE CLOSE of £275,000 on 27th June 2022. For the value to have decreased from £275,000 to £246,835 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 55 GLENMERE CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The June 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 55 GLENMERE CLOSE has not materially changed since June 2022.

How Large is 55 GLENMERE CLOSE?

55 GLENMERE CLOSE is 58m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of flats in Cambridge, based on EPC data. 43% of flats are smaller than 55 GLENMERE CLOSE, and 55% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

55 GLENMERE CLOSE: Plot

55 GLENMERE CLOSE sits on a plot of roughly 0.089 of an acre, or 362m².

Where is 55 GLENMERE CLOSE?

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