Feb 07, 2023 by HM

House prices in Fulbourn (CB21 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Fulbourn (CB21 5).


Price per square metre

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

£ per sqm = price ÷ internal area
E.g. Tudor Cottage, The Green, Fulbourn, Linton, sold for £470,000 on Aug-2023. Given the internal area of 107 square metres, the price per sqm is £4,392.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 100 sales in Fulbourn (CB21 5) that took place in the last two years.

Distribution of £ per sqm for Fulbourn (CB21 5)
Distribution of £ per sqm house prices in Fulbourn

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.

That said, the spread of prices will give you a feel of the typical range to expect in Fulbourn (CB21 5). Of the 100 transactions, half were sold for between £4,000 and £5,360 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,360m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CB21 5' is £4,760. The table below shows how 'CB21 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB21 5 Fulbourn £4,000m2 £4,760m2 £5,360m2
CB21 4 Linton £3,680m2 £4,200m2 £4,640m2
CB21 6 Abington £3,970m2 £4,620m2 £5,220m2

Will Fulbourn 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 scatter plot below for CB21 5 (Fulbourn). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CB21 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Fulbourn (CB21 5) over time
House price trends for Fulbourn

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Fulbourn 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Fulbourn data or any other data I am given.

Price map for Fulbourn

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Fulbourn. 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Fulbourn
House price heatmap for Fulbourn

Street level data

Street Avg size Avg £/m2 Recent sales
High Street, Fulbourn, CB21 5J 164m2 £4,142 14
Station Road, Fulbourn, CB21 5E 121m2 £4,655 10
High Street, Fulbourn, CB21 5L 140m2 £4,583 10
School Lane, Fulbourn, CB21 5B 100m2 £4,342 8
Geoffrey Bishop Avenue, Fulbourn, CB21 5B 75m2 £6,106 8
Pierce Lane, Fulbourn, CB21 5D 128m2 £4,742 7
Cow Lane, Fulbourn, CB21 5H 125m2 £4,498 6
Cherry Orchard, Fulbourn, CB21 5E 109m2 £5,107 6

Search for your street here.

Raw data

Our analysis of Fulbourn 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 m2 £/m2
Tudor Cottage, The Green, Fulbourn, Linton £470,000
Aug-2023
107 4,392
4, Days Barn, Fulbourn, Linton £334,000
Aug-2023
88 3,795
22, St Vigors Rd, Fulbourn, Linton £455,000
Aug-2023
51 8,921

See the entire list of all sales in Fulbourn (CB21 5) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.