£389,070
This estimated value is based upon the latest sale price for the house of £232,500 on 31 May 2013. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There have been three burglaries within the last year on or near Riverside Place
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2 Dukes Court, 54-62 Newmarket Road, Cambridge, CB5 8DZ
Phone: 01223784741
| Price Paid | Date |
|---|---|
| £232,500 | 31 May 2013 |
| £205,555 | 26 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 May 2013 the House Price Index for CAMBRIDGESHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £232,500 results in an estimated price of approximately £389,070.
| 31 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £232,500 | £156,570 | £389,070 |
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 | 37.314 % | £86,755 | £319,255 |
| 3 Month Average | 23.404 % | £54,414 | £286,914 |
| 6 Month Average | 55.432 % | £128,879 | £361,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2022 | £394,225 | £399,000 | 3 THE MALLARDS |
| 27 Jul 2022 | £551,485 | £550,000 | 42 RIVERSIDE PLACE |
| 15 Nov 2021 | £395,834 | £366,000 | 84 ST. BARTHOLOMEWS COURT RIVERSIDE |
| 30 Sep 2021 | £414,873 | £385,000 | 18 THE MALLARDS |
| 30 Sep 2021 | £581,900 | £540,000 | 61 RIVER LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 4 Jun 2013. Using an estimated price of £389,071 means this house is valued at £8,105 per sq meter (£753 per sq foot).
The average size of a house on RIVERSIDE PLACE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Awaiting court outcome | On or near Riverside Place |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Riverside Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Riverside Place |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Riverside Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Riverside Place |