£425,459
This estimated value is based upon the latest sale price for the house of £249,950 on 5 Jul 2012. 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 |
---|---|
£249,950 | 5 Jul 2012 |
£207,053 | 24 Feb 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 July 2012 the House Price Index for CAMBRIDGESHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £249,950 results in an estimated price of approximately £425,459.
5 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £249,950 | £175,509 | £425,459 |
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 | 40.350 % | £100,855 | £350,805 |
3 Month Average | 71.739 % | £179,312 | £429,262 |
6 Month Average | 79.184 % | £197,920 | £447,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £299,500 | £299,500 | 43 CAMBANKS |
8 Sep 2023 | £455,828 | £450,000 | 52 UNION LANE |
17 Dec 2021 | £428,551 | £400,000 | 85 UNION LANE |
17 Aug 2021 | £293,407 | £263,000 | 65 UNION LANE |
30 Jun 2021 | £590,108 | £550,000 | 88 UNION LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Dec 2021. Using an estimated price of £425,460 means this house is valued at £6,256 per sq meter (£581 per sq foot).
The average size of a house on PEARL CLOSE is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Pearl Close | |
Feb 2024 | Anti-social behaviour | On or near Pearl Close | |
Feb 2024 | Anti-social behaviour | On or near Pearl Close | |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Union Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Lane |