Feb 07, 2023 by HM

House prices in Girton (CB3 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Girton (CB3 0).

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Price per square metre

Knowing the average house price in Girton 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. 66, Wellbrook Way, Girton, sold for £425,000 on Aug-2023. Given the internal area of 77 square metres, the price per sqm is £5,519.

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. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 115 sales in Girton (CB3 0) 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 Girton (CB3 0). Of the 115 transactions, half were sold for between £4,680 and £6,230 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,230m². 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 'CB3 0' is £5,580. The table below shows how 'CB3 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CB3 9 Cambridge	£7,080m2	£8,330m2	£9,730m2
CB3 0 Girton	£4,680m2	£5,580m2	£6,230m2
CB3 1 Girton	£5,920m2	£6,190m2	£6,390m2

Will Girton 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 CB3 0 (Girton). 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 CB3 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Girton

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 Girton. 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 Girton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Wellbrook Way, Girton, CB3 0G	95m2	£3,918	34
Sherlock Close, Girton, CB3 0H	72m2	£4,757	14
Thornton Road, Girton, CB3 0N	122m2	£5,635	14
Church Lane, Girton, CB3 0J	106m2	£4,834	12
Cambridge Road, Girton, CB3 0P	111m2	£5,251	11
High Street, Girton, CB3 0Q	136m2	£4,907	11
Huntingdon Road, Girton, CB3 0L	223m2	£6,751	10
Thornton Court, Girton, CB3 0N	79m2	£3,828	9

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Lawrence Weaver Road, Girton, CB3 0G	66m2	£5,563	18
Shrewsbury Road, Girton, CB3 0S	126m2	£4,583	11

Lawrence Weaver Road, Girton, CB3 0G has seen 18 new build sales in the last 4 years (average price £383,900). These new build homes typically have an internal area of 66 m2, with an average price of £5,563 m2. This £sqm average is £-17 below the average for CB3 0. New builds typically command a £ per sqm premium. In the case of Lawrence Weaver Road 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 Girton 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
66, Wellbrook Way, Girton	£425,000 Aug-2023	77	5,519
3, Wilderspin Close, Girton	£955,000 Aug-2023	192	4,973
42, High St, Girton	£600,000 Aug-2023	103	5,825

See the entire list of all sales in Girton (CB3 0) here.