£229,672
This estimated value is based upon the latest sale price for the house of £183,000 on 23 Jan 2018. 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 |
|---|---|
| £183,000 | 23 Jan 2018 |
| Terraced |
| 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 January 2018 the House Price Index for CAMBRIDGESHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £183,000 results in an estimated price of approximately £229,672.
| 23 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £183,000 | £46,672 | £229,672 |
The Postcode Pricing Model uses changes in average sales price within the CB25 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 | 24.619 % | £45,052 | £228,052 |
| 3 Month Average | 11.504 % | £21,052 | £204,052 |
| 6 Month Average | 13.852 % | £25,349 | £208,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £212,720 | £210,000 | 43 WINFOLD ROAD |
| 4 Sep 2023 | £384,922 | £380,000 | 5 CLARE CLOSE |
| 13 Feb 2023 | £280,062 | £280,250 | 3 WILES CLOSE |
| 25 Jul 2022 | £326,880 | £326,000 | 16 CLARE CLOSE |
| 4 Feb 2022 | £307,267 | £293,000 | 14A JUBILEE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Clare Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Jubilee Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Waddelow Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waddelow Road |