House prices in CB23 7 (Hardwick)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CB23 7' (Hardwick, Great Cambourne) - statistics were last calculated on 04 October 2024.

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Defining 'CB23 7'

This analysis is limited to properties whose postcode starts with "CB23 7", 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 Hardwick.

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 metre

Knowing the average house price in Hardwick 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. 122, Cambridge Road, Hardwick, Great Cambourne, sold for £695,000 on Jul-2024. Given the internal area of 151 square metres, the price per sqm is £4,602.

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 127 sales in Hardwick (CB23 7) 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 Hardwick (CB23 7). Of the 127 transactions, half were sold for between £3,820 and £4,970 per square metre. The median, or 'middle', price per square metre in 'CB23 7' is £4,380. Notably, only 25% of properties that sold recently were valued at more than £4,970 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 Hardwick, 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 Hardwick, Great Cambourne

Comparison with neighbouring postcode sectors

The table below shows how 'CB23 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CB23 8 Bar Hill	£3,730 sqm	£4,210 sqm	£4,580 sqm
CB23 4 Elsworth	£3,500 sqm	£4,130 sqm	£4,400 sqm
CB23 7 Hardwick	£3,820 sqm	£4,380 sqm	£4,970 sqm
CB23 2 Bourn	£3,890 sqm	£4,420 sqm	£5,390 sqm
CB23 5 Great Cambourne	£2,810 sqm	£3,290 sqm	£3,960 sqm
CB23 6 Upper Cambourne	£3,180 sqm	£3,920 sqm	£4,450 sqm
CB23 3 Papworth Everard	£3,100 sqm	£3,580 sqm	£4,090 sqm
CB23 1 Haslingfield	£3,940 sqm	£4,630 sqm	£5,570 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 7 (Hardwick) 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.

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 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
Limes Road, Hardwick, CB23 7X	85 sqm	£4,573	20
Highfields Road, Hardwick, CB23 7N	159 sqm	£3,882	16
Silverdale Avenue, Hardwick, CB23 7P	83 sqm	£4,410	12
Wimpole Road, Hardwick, CB23 7A	151 sqm	£5,302	10
Swaynes Lane, Hardwick, CB23 7E	147 sqm	£4,420	9
West Drive, Hardwick, CB23 7N	138 sqm	£4,023	9
Barton Road, Hardwick, CB23 7B	110 sqm	£4,777	9
Hillfield Road, Hardwick, CB23 7D	73 sqm	£3,925	8

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Johnson Drive, Hardwick, CB23 7E	123 sqm	£4,229	13
Webb Close, Hardwick, CB23 7E	102 sqm	£4,876	9

Johnson Drive, Hardwick, CB23 7E has seen 13 new build sales in the last 4 years (average price £511,854). These new build homes typically have an internal area of 123 sqm, with an average price of £4,229 sqm. This £sqm average is £-151 below the average for CB23 7. New builds typically command a £ per sqm premium. In the case of Johnson Drive the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Hardwick 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
122, Cambridge Rd, Hardwick, Great Cambourne	£695,000 Jul-2024	151	4,602
32, Barrons Way, Hardwick, Great Cambourne	£640,000 Jun-2024	142	4,507
87, West Drive, Hardwick, Great Cambourne	£370,000 Jun-2024	117	3,162

See the entire list of all sales in Hardwick (CB23 7) here.