Feb 07, 2023 by HM

House prices in Abington (CB21 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Abington (CB21 6).

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Price per square metre

Knowing the average house price in Abington 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. 4, Ivan Clarks Corner, Abington, Linton, sold for £300,000 on Jul-2023. Given the internal area of 65 square metres, the price per sqm is £4,615.

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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 32 sales in Abington (CB21 6) that took place in the last two years.

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 Abington (CB21 6). Of the 32 transactions, half were sold for between £3,950 and £5,300 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,300m². 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 6' is £4,570. The table below shows how 'CB21 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CB21 6 Abington	£3,950m2	£4,570m2	£5,300m2
CB21 5 Fulbourn	£4,040m2	£4,780m2	£5,340m2
CB21 4 Linton	£3,700m2	£4,220m2	£4,630m2

Will Abington 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 6 (Abington). 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 6 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Abington 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 Abington data or any other data I am given.

Price map for Abington

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 Abington. 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.

House price heatmap for Abington

Street level data

Street	Avg size	Avg £/m2	Recent sales
Bourn Bridge Road, Abington, CB21 6B	196m2	£4,772	7
West Field, Abington, CB21 6B	125m2	£4,164	7
High Street, Abington, CB21 6A	115m2	£4,637	5
Church Lane, Abington, CB21 6B	101m2	£4,943	5
Mortlock Gardens, Abington, CB21 6B	76m2	£4,329	5
Cambridge Road, Abington, CB21 6B	199m2	£4,017	5
North Road, Abington, CB21 6A	202m2	£5,139	5

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Larkfield, Abington, CB21 6D	135m2	£4,585	16

Larkfield, Abington, CB21 6D has seen 16 new build sales in the last 4 years (average price £635,448). These new build homes typically have an internal area of 135 m2, with an average price of £4,585 m2. This £sqm average is £15 above the average for CB21 6. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Abington 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
4, Ivan Clarks Corner, Abington, Linton	£300,000 Jul-2023	65	4,615
38, West Field, Abington, Linton	£470,000 Jun-2023	104	4,519
19, South Rd, Abington, Linton	£670,000 Apr-2023	189	3,544

See the entire list of all sales in Abington (CB21 6) here.