£431,540
This estimated value is based upon the latest sale price for the house of £426,000 on 23 Nov 2023. 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 |
|---|---|
| £426,000 | 23 Nov 2023 |
| £380,000 | 28 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2023 the House Price Index for CAMBRIDGESHIRE was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £426,000 results in an estimated price of approximately £431,540.
| 23 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £426,000 | £5,540 | £431,540 |
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 | 34.456 % | £146,784 | £572,784 |
| 3 Month Average | 1.582 % | £6,738 | £432,738 |
| 6 Month Average | -4.549 % | £-19,378 | £406,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £431,540 | £426,000 | 69 OAK TREE AVENUE |
| 25 Oct 2022 | £394,141 | £400,000 | 2 MAPLE CLOSE |
| 2 Aug 2022 | £432,081 | £435,000 | 92 ELIZABETH WAY |
| 4 Jul 2022 | £499,325 | £500,000 | 49 HAWTHORN WAY |
| 10 Jun 2022 | £252,560 | £250,000 | 105A ELIZABETH WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 11 Mar 2019. Using an estimated price of £431,540 means this house is valued at £6,538 per sq meter (£607 per sq foot).
The average size of a house on OAK TREE AVENUE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Close |
| Apr 2024 | Other crime | Under investigation | On or near Laburnum Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laburnum Close |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Laburnum Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Close |