£405,780
This estimated value is based upon the latest sale price for the house of £72,000 on 2 Feb 1996. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been two burglaries within the last year on or near Petworth Street
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2 Dukes Court, 54-62 Newmarket Road, Cambridge, CB5 8DZ
Phone: 01223784741
| Price Paid | Date |
|---|---|
| £72,000 | 2 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 1996 the House Price Index for CAMBRIDGESHIRE was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £72,000 results in an estimated price of approximately £405,780.
| 2 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £72,000 | £333,780 | £405,780 |
The Postcode Pricing Model uses changes in average sales price within the CB1 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 | 562.459 % | £404,970 | £476,970 |
| 3 Month Average | 506.960 % | £365,011 | £437,011 |
| 6 Month Average | 555.737 % | £400,130 | £472,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £458,014 | £450,000 | 25 PETWORTH STREET |
| 29 Sep 2023 | £440,634 | £435,000 | 46 YOUNG STREET |
| 5 Sep 2023 | £500,398 | £494,000 | 64 YOUNG STREET |
| 29 Mar 2023 | £205,940 | £204,000 | 25 EDWARD STREET |
| 31 Jan 2023 | £447,890 | £450,000 | 15 PETWORTH STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 25 Oct 2013. Using an estimated price of £405,780 means this house is valued at £6,652 per sq meter (£618 per sq foot).
The average size of a house on PETWORTH STREET is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Petworth Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petworth Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Petworth Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petworth Street |
| Feb 2024 | Drugs | Under investigation | On or near Parking Area |