# House prices in CB23 3 (Papworth Everard)

This article reveals price per square metre data and various charts to help you understand current housing market in Papworth Everard, Great Cambourne (CB23 3).

## Defining 'CB23 3'

This analysis is limited to properties whose postcode starts with "CB23 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 Papworth Everard.

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

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

## Price per square metre

Knowing the average house price in Papworth Everard 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. 1, Byfield Road, Papworth Everard, Great Cambourne, sold for £350,000 on Feb-2024. Given the internal area of 109 square metres, the price per sqm is £3,211.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 98 sales in Papworth Everard (CB23 3) that took place in the last two years.

##### Distribution of £ per sqm for Papworth Everard, Great Cambourne
Distribution of £ per sqm house prices in Papworth Everard

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 Papworth Everard (CB23 3). Of the 98 transactions, half were sold for between £3,140 and £4,120 per square metre. The median, or 'middle', price per square metre in 'CB23 3' is £3,620. Notably, only 25% of properties that sold recently were valued at more than £4,120 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Papworth Everard, Great Cambourne

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 Great Cambourne. 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 Papworth Everard, Great Cambourne

## Comparison with neighbouring postcode sectors

The table below shows how 'CB23 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB23 8 Bar Hill £3,640 sqm £4,260 sqm £4,610 sqm
CB23 4 Elsworth £3,270 sqm £4,120 sqm £4,410 sqm
CB23 2 Bourn £3,910 sqm £4,500 sqm £5,410 sqm
CB23 5 Great Cambourne £2,920 sqm £3,350 sqm £3,910 sqm
CB23 6 Upper Cambourne £3,190 sqm £3,820 sqm £4,430 sqm
CB23 7 Hardwick £4,120 sqm £4,520 sqm £5,080 sqm
CB23 3 Papworth Everard £3,140 sqm £3,620 sqm £4,120 sqm
CB23 1 Haslingfield £3,910 sqm £4,620 sqm £5,430 sqm

## Will Great Cambourne 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 CB23 3 (Papworth Everard) compared with both the wider area CB23 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Papworth Everard,Great Cambourne
House price trends for Papworth Everard

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.

##### Most recent CB23 3 sales
Recent trends for Papworth Everard

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 Great Cambourne 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 Great Cambourne 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 £sqm Recent sales
Summers Hill Drive, Papworth Everard, CB23 3A 107 sqm £3,067 35
South Park Drive, Papworth Everard, CB23 3L 121 sqm £2,886 27
North Lodge Drive, Papworth Everard, CB23 3N 89 sqm £2,940 19
Windmill Place, Papworth Everard, CB23 3A 79 sqm £3,559 15
Trinity Way, Papworth Everard, CB23 3A 151 sqm £3,189 14
Ermine Street, Papworth Everard, CB23 3P 132 sqm £3,803 12
Cheere Way, Papworth Everard, CB23 3N 81 sqm £2,856 12
Hanslope Close, Papworth Everard, CB23 3A 143 sqm £3,358 9

## Raw data

Our analysis of Papworth Everard 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.