£754,431
This estimated value is based upon the latest sale price for the house of £284,000 on 25 Oct 2002. 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 |
---|---|
£284,000 | 25 Oct 2002 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 October 2002 the House Price Index for CAMBRIDGESHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £284,000 results in an estimated price of approximately £754,431.
25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £284,000 | £470,431 | £754,431 |
The Postcode Pricing Model uses changes in average sales price within the CB5 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 | 435.768 % | £1,237,579 | £1,521,579 |
3 Month Average | 155.168 % | £440,678 | £724,678 |
6 Month Average | 143.778 % | £408,328 | £692,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £485,707 | £475,000 | 80 BECHE ROAD |
4 Aug 2023 | £560,102 | £550,000 | 69 RIVER LANE |
28 Apr 2023 | £633,910 | £622,053 | 77 RIVER LANE |
27 Apr 2023 | £264,956 | £260,000 | FLAT 3 161 NEWMARKET ROAD |
30 Nov 2022 | £646,975 | £650,000 | 88 BECHE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Mar 2019. Using an estimated price of £754,431 means this house is valued at £9,200 per sq meter (£854 per sq foot).
The average size of a house on GODESDONE ROAD is 99 sq meters (1,072 sq feet).