71, GLENMERE CLOSE, CAMBRIDGE, CB1 8EF - £226,500

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.

71 GLENMERE CLOSE is a midsized flat of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £239,006. It was last sold for £226,500 in February 2015, which was around 18% below the average February 2015 flat price in the Cambridge local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

71 GLENMERE CLOSE Sold Prices

Land registry data shows five sales for 71 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 71 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
2015 6 FEB	£226,500	£276,518	18% below HPI
2006 7 APR	£159,000	£184,724	14% below HPI
2002 22 MAR	£120,000	£127,672	6% below HPI
1998 18 AUG	£64,000	£73,720	13% below HPI
1996 9 SEP	£53,000	£60,137	12% below HPI

What might 71 GLENMERE CLOSE be worth now?

71 GLENMERE CLOSE might now be worth an estimated £239,006.

This is based on house price inflation of 5.5%, between February 2015 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 5.5% inflationary increase is applied to the most recent sale price for 71 GLENMERE CLOSE of £226,500 on 6th February 2015. For the value to have increased from £226,500 to £239,006 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 71 GLENMERE CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The February 2015 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 71 GLENMERE CLOSE has not materially changed since February 2015.

How Large is 71 GLENMERE CLOSE?

71 GLENMERE CLOSE is 58m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of flats in Cambridge, based on EPC data. 43% of flats are smaller than 71 GLENMERE CLOSE, and 55% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

71 GLENMERE CLOSE: Plot

71 GLENMERE CLOSE sits on a plot of roughly 0.082 of an acre, or 330m².

Where is 71 GLENMERE CLOSE?

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