£262,598
This estimated value is based upon the latest sale price for the house of £255,000 on 1 Apr 2022. 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 |
---|---|
£255,000 | 1 Apr 2022 |
£240,000 | 12 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 April 2022 the House Price Index for CAMBRIDGESHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £255,000 results in an estimated price of approximately £262,598.
1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £255,000 | £7,598 | £262,598 |
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 | 30.878 % | £78,738 | £333,738 |
3 Month Average | 20.552 % | £52,407 | £307,407 |
6 Month Average | 2.025 % | £5,162 | £260,162 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £253,757 | £250,000 | 52 BLACKTHORN CLOSE |
1 Mar 2023 | £302,853 | £300,000 | 30 COLLEGE FIELDS |
15 Feb 2023 | £614,586 | £615,000 | 12 COLLEGE FIELDS |
18 Nov 2022 | £266,769 | £270,000 | 57 BLACKTHORN CLOSE |
10 May 2022 | £270,089 | £265,000 | 36 COLLEGE FIELDS |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 14 Jul 2021. Using an estimated price of £262,599 means this house is valued at £5,049 per sq meter (£469 per sq foot).
The average size of a house on BLACKTHORN CLOSE is 53 sq meters (575 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Under investigation | On or near Blackthorn Close |
Jan 2024 | Anti-social behaviour | On or near The Beeches | |
Jan 2024 | Anti-social behaviour | On or near The Beeches | |
Jan 2024 | Anti-social behaviour | On or near The Beeches | |
Feb 2024 | Anti-social behaviour | On or near Alice Bell Close |