House prices in CB1 3 (Cambridge)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CB1 3' (Cambridge) - statistics were last calculated on 30 August 2024.

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Defining 'CB1 3'

This analysis is limited to properties whose postcode starts with "CB1 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Cambridge.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Cambridge is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 10, Trevone Place, Cambridge, sold for £233,000 on Jul-2024. Given the internal area of 495 square feet, the price per sqft is £470.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £529-£557, £557-£585, £585-£613 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 291 sales in Cambridge (CB1 3) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Cambridge (CB1 3). Of the 291 transactions, half were sold for between £496 and £641 per square foot. The median, or 'middle', price per square foot in 'CB1 3' is £560. Notably, only 25% of properties that sold recently were valued at more than £641 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Cambridge

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Cambridge. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Cambridge

Comparison with neighbouring postcode sectors

The table below shows how 'CB1 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CB1 3 Cambridge	£496 sqft	£560 sqft	£641 sqft
CB1 9 Cambridge	£458 sqft	£524 sqft	£566 sqft
CB1 7 Cambridge	£516 sqft	£606 sqft	£718 sqft
CB1 8 Cambridge	£474 sqft	£551 sqft	£613 sqft
CB1 2 Cambridge	£559 sqft	£646 sqft	£702 sqft
CB1 1 Cambridge	£555 sqft	£619 sqft	£748 sqft

Will Cambridge house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CB1 3 (Cambridge) compared with both the wider area CB1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Cambridge to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Cambridge and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Rustat Avenue, Cambridge, CB1 3P	828 sqft	£523	25
Catharine Street, Cambridge, CB1 3A	818 sqft	£591	21
Vinery Road, Cambridge, CB1 3D	0 sqft	£570	20
Thoday Street, Cambridge, CB1 3A	904 sqft	£570	20
Cromwell Road, Cambridge, CB1 3F	731 sqft	£459	19
Rustat Avenue, Cambridge, CB1 3R	678 sqft	£475	18
Argyle Street, Cambridge, CB1 3L	807 sqft	£607	18
Cromwell Road, Cambridge, CB1 3E	807 sqft	£584	17

Search for your street here.

Raw data

Our analysis of Cambridge is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqft	£/sqft
10, Trevone Pl, Cambridge	£233,000 Jul-2024	495	470
23 Lichfield House, Rustat Avenue, Cambridge	£315,000 Jul-2024	656	479
29, Flamsteed Close, Cambridge	£425,000 Jun-2024	710	598

See the entire list of all sales in Cambridge (CB1 3) here.