£480,866
This estimated value is based upon the latest sale price for the house of £450,000 on 30 Jun 2021. 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 |
---|---|
£450,000 | 30 Jun 2021 |
£376,500 | 15 Sep 2016 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 June 2021 the House Price Index for CAMBRIDGESHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £450,000 results in an estimated price of approximately £480,866.
30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £450,000 | £30,866 | £480,866 |
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 | -15.999 % | £-71,994 | £378,005 |
3 Month Average | -2.264 % | £-10,187 | £439,812 |
6 Month Average | -1.180 % | £-5,310 | £444,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £225,586 | £223,757 | FLAT 43 ROWAN HOUSE THE BEECHES |
24 Feb 2023 | £434,196 | £436,250 | 4 KIRKBY CLOSE |
13 Feb 2023 | £452,858 | £455,000 | 16 KIRKBY CLOSE |
20 Jan 2023 | £324,847 | £327,700 | 24 TWICKENHAM COURT |
6 Oct 2022 | £566,578 | £575,000 | 7 ARBURY ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 7 Apr 2015. Using an estimated price of £480,866 means this house is valued at £5,724 per sq meter (£531 per sq foot).
The average size of a house on KIRKBY CLOSE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Kirby Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kirby Close |
Apr 2024 | Burglary | Under investigation | On or near Birch Close |
Jan 2024 | Anti-social behaviour | On or near Birch Close | |
Jan 2024 | Anti-social behaviour | On or near Birch Close |