# House prices in CB23 5 (Great Cambourne)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CB23 5' (Great Cambourne) - statistics were last calculated on 31 July 2024.

## Defining 'CB23 5'

This analysis is limited to properties whose postcode starts with "CB23 5", 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 Great Cambourne.

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 Great Cambourne 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. 3, Foster Way, Great Cambourne, sold for £384,000 on May-2024. Given the internal area of 136 square metres, the price per sqm is £2,823.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 61 sales in Great Cambourne (CB23 5) that took place in the last two years.

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

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 Great Cambourne (CB23 5). Of the 61 transactions, half were sold for between £2,820 and £3,940 per square metre. The median, or 'middle', price per square metre in 'CB23 5' is £3,330. Notably, only 25% of properties that sold recently were valued at more than £3,940 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 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 Great Cambourne

## Comparison with neighbouring postcode sectors

The table below shows how 'CB23 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB23 8 Bar Hill £3,730 sqm £4,280 sqm £4,580 sqm
CB23 4 Elsworth £3,190 sqm £3,970 sqm £4,400 sqm
CB23 3 Papworth Everard £3,090 sqm £3,540 sqm £4,050 sqm
CB23 1 Haslingfield £4,020 sqm £4,700 sqm £5,650 sqm
CB23 7 Hardwick £3,920 sqm £4,410 sqm £4,950 sqm
CB23 2 Bourn £3,900 sqm £4,560 sqm £5,410 sqm
CB23 5 Great Cambourne £2,820 sqm £3,330 sqm £3,940 sqm
CB23 6 Great Cambourne £3,220 sqm £3,870 sqm £4,450 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 5 (Great Cambourne) 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 Great Cambourne,Great Cambourne
House price trends for Great Cambourne

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.

##### Most recent CB23 5 sales
Recent trends for Great Cambourne

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
School Lane, Great Cambourne, CB23 5D 88 sqm £3,228 18
Mayfield Way, Great Cambourne, CB23 5J 78 sqm £3,477 17
Jeavons Lane, Great Cambourne, CB23 5J 100 sqm £2,642 17
Brookfield Way, Great Cambourne, CB23 5E 114 sqm £3,285 12
Foxhollow, Great Cambourne, CB23 5H 114 sqm £3,150 12
Orchard Way, Great Cambourne, CB23 5B 130 sqm £3,245 11
Greenhaze Lane, Great Cambourne, CB23 5B 132 sqm £3,297 8
Crow Hill Lane, Great Cambourne, CB23 5A 101 sqm £4,016 5

Search for your street here.

## Raw data

Our analysis of Great Cambourne 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 sqm £/sqm
3, Foster Way, Great Cambourne £384,000
May-2024
136 2,823
77, Brookfield Way, Great Cambourne £392,500
Mar-2024
109 3,600
37, Greenhaze Lane, Great Cambourne £330,000
Mar-2024
110 3,000