Feb 07, 2023 by HM

House prices in Waterbeach (CB25 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Waterbeach (CB25 9).


Defining 'CB25 9'

This analysis is limited to properties whose postcode starts with "CB25 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Waterbeach 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. 10, Saberton Close, Waterbeach, Burwell, sold for £510,000 on Feb-2024. Given the internal area of 116 square metres, the price per sqm is £4,396.

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. £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 196 sales in Waterbeach (CB25 9) that took place in the last two years.

Distribution of £ per sqm for Waterbeach (CB25 9)
Distribution of £ per sqm house prices in Waterbeach

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 Waterbeach (CB25 9). Of the 196 transactions, half were sold for between £3,780 and £4,980 per square metre. The median, or 'middle', price per square metre in 'CB25 9' is £4,230. Notably, only 25% of properties that sold recently were valued at more than £4,980m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Waterbeach

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 Waterbeach. 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.

Property price heatmap for Waterbeach
House price heatmap for Waterbeach

Comparison with neighbouring postcode sectors

The table below shows how 'CB25 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB25 0 Burwell £3,370m2 £3,910m2 £4,470m2
CB25 9 Waterbeach £3,780m2 £4,230m2 £4,980m2

Will Waterbeach 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 CB25 9 (Waterbeach). 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 CB25 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Waterbeach (CB25 9) over time
House price trends for Waterbeach

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Kirby Road, Waterbeach, CB25 9L 87m2 £3,976 15
Providence Way, Waterbeach, CB25 9Q 72m2 £4,882 14
Cambridge Road, Waterbeach, CB25 9N 104m2 £4,057 14
High Street, Waterbeach, CB25 9B 145m2 £3,943 14
Way Lane, Waterbeach, CB25 9N 102m2 £4,371 13
Station Road, Waterbeach, CB25 9H 87m2 £4,775 12
Winfold Road, Waterbeach, CB25 9P 62m2 £4,408 11
Bannold Road, Waterbeach, CB25 9L 131m2 £4,161 10

Search for your street here.

Raw data

Our analysis of Waterbeach 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
10, Saberton Close, Waterbeach, Burwell £510,000
Feb-2024
116 4,396
Evergreens, Newmarket Rd, Waterbeach, Burwell £735,000
Feb-2024
261 2,816
8, Rowley Gardens, Waterbeach, Burwell £715,000
Feb-2024
179 3,994

See the entire list of all sales in Waterbeach (CB25 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.