£684,125
This estimated value is based upon the latest sale price for the house of £545,102 on 18 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 |
|---|---|
| £545,102 | 18 Jan 2018 |
| £188,000 | 15 Oct 1999 |
| 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 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 £545,102 results in an estimated price of approximately £684,125.
| 18 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £545,102 | £139,023 | £684,125 |
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 | 11.027 % | £60,107 | £605,209 |
| 3 Month Average | 9.813 % | £53,493 | £598,595 |
| 6 Month Average | 15.593 % | £84,997 | £630,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £655,737 | £650,000 | 3 BUTCHER CLOSE |
| 14 Jul 2023 | £613,254 | £605,000 | 4 MANSFIELD CLOSE |
| 28 Mar 2023 | £900,484 | £892,000 | 5 COULSON CLOSE |
| 21 Oct 2022 | £558,981 | £565,000 | 5 FAULKNER CLOSE |
| 29 Jun 2021 | £804,693 | £750,000 | 15A FAULKNER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Close |
| Apr 2024 | Anti-social behaviour | On or near Coulson Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coulson Close |
| Apr 2024 | Anti-social behaviour | On or near Coulson Close |