£480,583
This estimated value is based upon the latest sale price for the house of £390,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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2 Dukes Court, 54-62 Newmarket Road, Cambridge, CB5 8DZ
Phone: 01223784741
Price Paid | Date |
---|---|
£390,000 | 9 Nov 2018 |
£83,500 | 31 Jul 1997 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 804 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 November 2018 the House Price Index for CAMBRIDGESHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £390,000 results in an estimated price of approximately £480,583.
9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £390,000 | £90,583 | £480,583 |
The Postcode Pricing Model uses changes in average sales price within the CB4 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 | -10.508 % | £-40,980 | £349,019 |
3 Month Average | -0.991 % | £-3,864 | £386,135 |
6 Month Average | 6.071 % | £23,677 | £413,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £263,907 | £260,000 | 41 MIDSUMMER COURT MANHATTAN DRIVE |
25 Aug 2023 | £443,883 | £440,000 | 41 ACREFIELD DRIVE |
14 Aug 2023 | £524,589 | £520,000 | FLAT 5 WOODVALE LODGE MANHATTAN DRIVE |
27 Sep 2021 | £504,852 | £468,500 | 32 ACREFIELD DRIVE |
23 Jul 2021 | £583,827 | £508,000 | FLAT 8 WOODVALE LODGE MANHATTAN DRIVE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 3 Dec 2008. Using an estimated price of £480,584 means this house is valued at £6,426 per sq meter (£597 per sq foot).
The average size of a house on ACREFIELD DRIVE is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acrefield Drive |
Feb 2024 | Anti-social behaviour | On or near Acrefield Drive | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acrefield Drive |
Feb 2024 | Anti-social behaviour | On or near Acrefield Drive | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cutter Ferry Close |