£511,880
This estimated value is based upon the latest sale price for the house of £190,000 on 20 Sep 2002. 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 Elizabeth Way
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2 Dukes Court, 54-62 Newmarket Road, Cambridge, CB5 8DZ
Phone: 01223784741
| Price Paid | Date |
|---|---|
| £190,000 | 20 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2002 the House Price Index for CAMBRIDGESHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £190,000 results in an estimated price of approximately £511,880.
| 20 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £190,000 | £321,880 | £511,880 |
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 | 216.695 % | £411,720 | £601,720 |
| 3 Month Average | 203.481 % | £386,613 | £576,613 |
| 6 Month Average | 185.871 % | £353,154 | £543,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £861,596 | £850,000 | 18 LONGWORTH AVENUE |
| 20 Apr 2023 | £404,354 | £400,000 | 4 ELIZABETH WAY |
| 1 Mar 2023 | £835,875 | £828,000 | 71 LONGWORTH AVENUE |
| 14 Jul 2022 | £376,012 | £375,000 | 54 LONGWORTH AVENUE |
| 22 Apr 2022 | £308,940 | £300,000 | 62 LONGWORTH AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 3 May 2018. Using an estimated price of £511,880 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on ELIZABETH WAY is 116 sq meters (1,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Drugs | Under investigation | On or near Elizabeth Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |