£331,562
This estimated value is based upon the latest sale price for the house of £249,000 on 1 Jul 2016. 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 |
|---|---|
| £249,000 | 1 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2016 the House Price Index for CAMBRIDGESHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £249,000 results in an estimated price of approximately £331,562.
| 1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £249,000 | £82,562 | £331,562 |
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 | -12.218 % | £-30,423 | £218,576 |
| 3 Month Average | -0.382 % | £-950 | £248,049 |
| 6 Month Average | 25.386 % | £63,211 | £312,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £537,965 | £530,000 | 12 ABBEY STREET |
| 4 Apr 2023 | £147,589 | £146,000 | 118A NEWMARKET ROAD |
| 3 Mar 2023 | £277,615 | £275,000 | FLAT 8 NIDUS HOUSE, 16 ABBEY STREET |
| 28 Sep 2022 | £557,498 | £562,000 | 4 SIMPERS WALK |
| 27 Sep 2022 | £1,572,303 | £1,585,000 | 211 - 213 NEWMARKET ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 31 May 2016. Using an estimated price of £331,562 means this house is valued at £8,501 per sq meter (£789 per sq foot).
The average size of a house on ABBEY STREET is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbey Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Street |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Abbey Street |