£505,304
This estimated value is based upon the latest sale price for the house of £356,500 on 5 Oct 2015. 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 |
|---|---|
| £356,500 | 5 Oct 2015 |
| Semi-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 October 2015 the House Price Index for CAMBRIDGESHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £356,500 results in an estimated price of approximately £505,304.
| 5 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £356,500 | £148,804 | £505,304 |
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 | 21.469 % | £76,536 | £433,036 |
| 3 Month Average | 7.972 % | £28,421 | £384,921 |
| 6 Month Average | 19.864 % | £70,816 | £427,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £534,643 | £525,000 | 6 LYNDHURST CLOSE |
| 13 Jan 2023 | £586,567 | £585,000 | 72 BUTT LANE |
| 10 Sep 2021 | £504,790 | £465,000 | 8 LYNDHURST CLOSE |
| 3 Nov 2020 | £601,487 | £515,000 | 7 FROMENT WAY |
| 29 Nov 2019 | £463,322 | £375,000 | 5 LYNDHURST CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bulteel Close |
| 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 Butcher Close | |
| Jul 2024 | Theft from the person | Under investigation | On or near Fox'S Close |