£731,588
This estimated value is based upon the latest sale price for the house of £462,000 on 4 Feb 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Elizabeth Way
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2 Dukes Court, 54-62 Newmarket Road, Cambridge, CB5 8DZ
Phone: 01223784741
| Price Paid | Date |
|---|---|
| £462,000 | 4 Feb 2014 |
| £270,000 | 23 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 February 2014 the House Price Index for CAMBRIDGESHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £462,000 results in an estimated price of approximately £731,588.
| 4 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £462,000 | £269,588 | £731,588 |
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 | 90.421 % | £417,744 | £879,744 |
| 3 Month Average | 84.726 % | £391,432 | £853,432 |
| 6 Month Average | 67.391 % | £311,347 | £773,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £861,596 | £850,000 | 18 LONGWORTH AVENUE |
| 20 Apr 2023 | £404,354 | £400,000 | 4 ELIZABETH WAY |
| 16 Sep 2022 | £163,678 | £165,000 | FLAT 5 MAYFLOWER HOUSE MANHATTAN DRIVE |
| 9 Mar 2022 | £725,384 | £700,000 | 29 LONGWORTH AVENUE |
| 14 Dec 2021 | £492,833 | £460,000 | 9 ELIZABETH WAY |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 8 Oct 2013. Using an estimated price of £731,589 means this house is valued at £5,340 per sq meter (£496 per sq foot).
The average size of a house on ELIZABETH WAY is 116 sq meters (1,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elizabeth Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Way |
| Dec 2023 | Drugs | Under investigation | On or near Elizabeth Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |