£475,423
This estimated value is based upon the latest sale price for the house of £385,000 on 10 Sep 2018. 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 |
|---|---|
| £385,000 | 10 Sep 2018 |
| £406,111 | 30 Jun 2015 |
| £274,950 | 28 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 September 2018 the House Price Index for CAMBRIDGESHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £385,000 results in an estimated price of approximately £475,423.
| 10 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £385,000 | £90,423 | £475,423 |
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 | 43.517 % | £167,539 | £552,539 |
| 3 Month Average | 20.729 % | £79,807 | £464,807 |
| 6 Month Average | 13.327 % | £51,308 | £436,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £417,301 | £410,000 | 36 SCHOLARS WALK |
| 22 Sep 2023 | £448,738 | £443,000 | 21 PEPYS COURT |
| 25 Jan 2023 | £398,125 | £400,000 | 26 PEPYS COURT |
| 20 Jul 2022 | £453,220 | £452,000 | 46 SCHOLARS WALK |
| 24 Feb 2022 | £561,052 | £535,000 | 25 PEPYS COURT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 May 2018. Using an estimated price of £475,423 means this house is valued at £6,791 per sq meter (£630 per sq foot).
The average size of a house on SCHOLARS WALK is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lynfield Lane |
| Dec 2023 | Anti-social behaviour | On or near Fitzgerald Place | |
| Dec 2023 | Anti-social behaviour | On or near Fitzgerald Place | |
| Dec 2023 | Anti-social behaviour | On or near Fitzgerald Place | |
| Dec 2023 | Anti-social behaviour | On or near Fitzgerald Place |