£615,574
This estimated value is based upon the latest sale price for the house of £470,000 on 24 Feb 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 |
|---|---|
| £470,000 | 24 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| 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 February 2017 the House Price Index for CAMBRIDGESHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £470,000 results in an estimated price of approximately £615,574.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £470,000 | £145,574 | £615,574 |
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 | 577.147 % | £2,712,589 | £3,182,589 |
| 3 Month Average | 79.705 % | £374,613 | £844,613 |
| 6 Month Average | 33.372 % | £156,846 | £626,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £486,270 | £477,500 | 140 NEW STREET |
| 28 Jun 2023 | £255,112 | £250,000 | FLAT 75 BEACON RISE, 160 NEWMARKET ROAD |
| 27 Apr 2023 | £264,956 | £260,000 | FLAT 3 161 NEWMARKET ROAD |
| 1 Feb 2023 | £320,894 | £318,750 | FLAT 38 BEACON RISE, 160 NEWMARKET ROAD |
| 30 Nov 2022 | £796,277 | £800,000 | 6 BECHE COURT BECHE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Nov 2016. Using an estimated price of £615,575 means this house is valued at £7,507 per sq meter (£697 per sq foot).
The average size of a house on NEWMARKET ROAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Harvest Way | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Harvest Way |
| Jun 2024 | Anti-social behaviour | On or near Harvest Way | |
| Jun 2024 | Anti-social behaviour | On or near Harvest Way | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Harvest Way |