£675,812
This estimated value is based upon the latest sale price for the house of £420,000 on 13 Jan 2014. 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 |
---|---|
£420,000 | 13 Jan 2014 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 January 2014 the House Price Index for CAMBRIDGESHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £420,000 results in an estimated price of approximately £675,812.
13 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £420,000 | £255,812 | £675,812 |
The Postcode Pricing Model uses changes in average sales price within the CB1 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 | 19.115 % | £80,282 | £500,282 |
3 Month Average | 52.721 % | £221,428 | £641,428 |
6 Month Average | 57.303 % | £240,672 | £660,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £543,804 | £530,000 | 12 ABBEY STREET |
7 Aug 2023 | £595,745 | £585,000 | 24 ABBEY STREET |
4 Apr 2023 | £148,783 | £146,000 | 118A NEWMARKET ROAD |
3 Mar 2023 | £279,671 | £275,000 | FLAT 8 NIDUS HOUSE, 16 ABBEY STREET |
19 Oct 2022 | £388,702 | £390,000 | 123 NEWMARKET ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Feb 2019. Using an estimated price of £675,812 means this house is valued at £7,039 per sq meter (£654 per sq foot).
The average size of a house on ABBEY STREET is 67 sq meters (722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Abbey Street | |
Jul 2024 | Anti-social behaviour | On or near Abbey Street | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Street |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near New Street |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near New Street |