£462,648
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Sep 1999. 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 |
|---|---|
| £110,000 | 27 Sep 1999 |
| Terraced |
| Freehold |
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 1999 the House Price Index for CAMBRIDGESHIRE was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £110,000 results in an estimated price of approximately £462,648.
| 27 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £110,000 | £352,648 | £462,648 |
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 | 371.763 % | £408,939 | £518,939 |
| 3 Month Average | 300.428 % | £330,470 | £440,470 |
| 6 Month Average | 382.057 % | £420,263 | £530,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £481,152 | £475,000 | 80 BECHE ROAD |
| 4 Aug 2023 | £554,854 | £550,000 | 69 RIVER LANE |
| 28 Apr 2023 | £628,824 | £622,053 | 77 RIVER LANE |
| 30 Nov 2022 | £642,221 | £650,000 | 88 BECHE ROAD |
| 30 Nov 2022 | £790,426 | £800,000 | 6 BECHE COURT BECHE ROAD |