£393,619
This estimated value is based upon the latest sale price for the house of £310,000 on 21 Jul 2017. 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 |
---|---|
£310,000 | 21 Jul 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 July 2017 the House Price Index for CAMBRIDGESHIRE was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £310,000 results in an estimated price of approximately £393,619.
21 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.0 | 26.974 % | £310,000 | £83,619 | £393,619 |
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 | 26.485 % | £82,102 | £392,102 |
3 Month Average | 12.120 % | £37,573 | £347,573 |
6 Month Average | 36.966 % | £114,596 | £424,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £480,421 | £477,500 | 140 NEW STREET |
28 Jun 2023 | £252,044 | £250,000 | FLAT 75 BEACON RISE, 160 NEWMARKET ROAD |
1 Feb 2023 | £317,249 | £318,750 | FLAT 38 BEACON RISE, 160 NEWMARKET ROAD |
30 Nov 2022 | £787,234 | £800,000 | 6 BECHE COURT BECHE ROAD |
28 Sep 2022 | £555,247 | £562,000 | 4 SIMPERS WALK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Nov 2016. Using an estimated price of £393,620 means this house is valued at £8,200 per sq meter (£761 per sq foot).
The average size of a house on NEWMARKET ROAD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Harvest Way | |
Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Harvest Way |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Harvest Way |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harvest Way |
Apr 2024 | Anti-social behaviour | On or near Harvest Way |