£5,961,336
This estimated value is based upon the latest sale price for the house of £980,000 on 25 Oct 2023. 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 |
---|---|
£980,000 | 25 Oct 2023 |
£420,000 | 26 May 2011 |
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 October 2023 the House Price Index for CAMBRIDGESHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £980,000 results in an estimated price of approximately £5,961,336.
25 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £980,000 | £4,981,336 | £5,961,336 |
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 | 8.081 % | £79,194 | £1,059,194 |
3 Month Average | -2.314 % | £-22,681 | £957,318 |
6 Month Average | -5.243 % | £-51,380 | £928,619 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £263,907 | £260,000 | 41 MIDSUMMER COURT MANHATTAN DRIVE |
24 Feb 2023 | £756,991 | £757,500 | 54 HUMBERSTONE ROAD |
16 Sep 2022 | £163,678 | £165,000 | FLAT 5 MAYFLOWER HOUSE MANHATTAN DRIVE |
14 Dec 2021 | £492,833 | £460,000 | 9 ELIZABETH WAY |
1 Apr 2021 | £163,731 | £145,000 | FLAT 602 MAYFLOWER HOUSE MANHATTAN DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lovers Walk |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lovers Walk |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Lovers Walk |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elizabeth Way |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Way |