Feb 07, 2023 by HM

House prices in Histon (CB24 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Histon (CB24 9).

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Price per square metre

Knowing the average house price in Histon 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. The Grove, Burgoynes Road, Histon, Cottenham, sold for £1,150,000 on Aug-2023. Given the internal area of 182 square metres, the price per sqm is £6,318.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 144 sales in Histon (CB24 9) 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 Histon (CB24 9). Of the 144 transactions, half were sold for between £4,730 and £5,870 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,870m². 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 'CB24 9' is £5,250. The table below shows how 'CB24 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CB24 3 Longstanton	£3,450m2	£3,910m2	£4,440m2
CB24 6 Milton	£4,510m2	£5,000m2	£5,690m2
CB24 5 Willingham	£3,270m2	£3,650m2	£4,160m2
CB24 1 Northstowe	£3,350m2	£4,120m2	£4,550m2
CB24 4 Swavesey	£3,340m2	£3,750m2	£4,310m2
CB24 8 Cottenham	£3,720m2	£4,230m2	£4,650m2
CB24 9 Histon	£4,730m2	£5,250m2	£5,870m2

Will Histon 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 CB24 9 (Histon). 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 CB24 9 and the blue dots are the individual property sales that inform this trend.

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

Price map for Histon

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 Histon. 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 Histon

Street level data

Street	Avg size	Avg £/m2	Recent sales
Station Road, Histon, CB24 9L	103m2	£5,021	16
Primrose Lane, Histon, CB24 9P	84m2	£4,541	15
Cottenham Road, Histon, CB24 9E	128m2	£4,807	14
Merrington Place, Histon, CB24 9A	102m2	£4,503	14
Kay Hitch Way, Histon, CB24 9Y	74m2	£3,973	12
Cambridge Road, Histon, CB24 9N	121m2	£5,176	11
Home Close, Histon, CB24 9J	103m2	£5,984	10
Merton Road, Histon, CB24 9J	87m2	£4,993	9

Search for your street here.

Raw data

Our analysis of Histon 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
The Grove, Burgoynes Rd, Histon, Cottenham	£1,150,000 Aug-2023	182	6,318
45, Harding Way, Histon, Cottenham	£725,000 Aug-2023	144	5,034
11, Narrow Close, Histon, Cottenham	£440,000 Aug-2023	79	5,569

See the entire list of all sales in Histon (CB24 9) here.