2, CHAMBERS DRIVE, CAMBRIDGE, CB4 2GP - £272,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHAMBERS DRIVE is a midsized flat of 60m², built sometime between 2007 and 2011, which could now be worth an estimated £265,425. It was last sold for £272,000 in September 2018, which was around 35% above the average September 2018 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

2 CHAMBERS DRIVE Sold Prices

Land registry data shows two sales for 2 CHAMBERS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 2 CHAMBERS DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 21 SEP	£272,000	£202,007	35% above HPI
2007 28 JUN	£198,950	£156,768	27% above HPI

What might 2 CHAMBERS DRIVE be worth now?

2 CHAMBERS DRIVE might now be worth an estimated £265,425.

This is based on house price deflation of 2.4%, between September 2018 and April 2026, for flats, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% deflationary decrease is applied to the most recent sale price for 2 CHAMBERS DRIVE of £272,000 on 21st September 2018. For the value to have decreased from £272,000 to £265,425 over the eight years and five months to April 2026, the following assumptions must hold true:

• The value of 2 CHAMBERS DRIVE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The September 2018 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAMBERS DRIVE has not materially changed since September 2018.

How Large is 2 CHAMBERS DRIVE?

2 CHAMBERS DRIVE is 60m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of flats in Cambridge, based on EPC data. 47% of flats are smaller than 2 CHAMBERS DRIVE, and 51% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

2 CHAMBERS DRIVE: Plot

2 CHAMBERS DRIVE sits on a plot of roughly 0.117 of an acre, or 472m².

Where is 2 CHAMBERS DRIVE?

2 CHAMBERS DRIVE is located in CAMBRIDGE, in the CB4 postcode district.