£472,450
This estimated value is based upon the latest sale price for the house of £275,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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Unit 4, New Close Farm, Butt Lane, Milton, Cambridge, CB24 6DQ
Phone: 01223459146
Price Paid | Date |
---|---|
£275,000 | 4 May 2012 |
£85,000 | 28 Jan 1997 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in May 2012 the House Price Index for CAMBRIDGESHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £275,000 results in an estimated price of approximately £472,450.
4 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £275,000 | £197,450 | £472,450 |
The Postcode Pricing Model uses changes in average sales price within the CB24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 60.486 % | £166,336 | £441,336 |
3 Month Average | 44.694 % | £122,908 | £397,908 |
6 Month Average | 49.805 % | £136,964 | £411,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £273,401 | £265,000 | 9 THE OAKS |
13 Jan 2023 | £586,567 | £585,000 | 72 BUTT LANE |
28 Apr 2022 | £461,653 | £445,000 | 16 THE OAKS |
21 Dec 2021 | £548,288 | £508,000 | 355 THE ROWANS |
25 Jun 2021 | £389,112 | £360,000 | 345 THE ROWANS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peter Goodin Close |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peter Goodin Close |
Jul 2024 | Anti-social behaviour | On or near Ken'S Way | |
Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Ken'S Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ken'S Way |