£397,142
This estimated value is based upon the latest sale price for the house of £399,000 on 28 Nov 2022. 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 |
---|---|
£399,000 | 28 Nov 2022 |
£101,000 | 8 Jan 1999 |
Flats/Maisonettes |
Leasehold |
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 November 2022 the House Price Index for CAMBRIDGESHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £399,000 results in an estimated price of approximately £397,142.
28 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £399,000 | £-1,857 | £397,142 |
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 | 61.326 % | £244,691 | £643,691 |
3 Month Average | 1.593 % | £6,355 | £405,355 |
6 Month Average | -17.613 % | £-70,276 | £328,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £409,016 | £400,000 | 2 THE MALLARDS |
4 Aug 2023 | £560,102 | £550,000 | 69 RIVER LANE |
28 Apr 2023 | £633,910 | £622,053 | 77 RIVER LANE |
28 Nov 2022 | £397,143 | £399,000 | 3 THE MALLARDS |
27 Jul 2022 | £555,567 | £550,000 | 42 RIVERSIDE PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Mallards |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Riverside Place |
Jul 2024 | Burglary | Under investigation | On or near Riverside Place |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Riverside Place |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Riverside Place |