£540,320
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
Get our free house price tracker.
Unit 4, New Close Farm, Butt Lane, Milton, Cambridge, CB24 6DQ
Phone: 01223459146
| Price Paid | Date |
|---|---|
| £425,000 | 18 Oct 2017 |
| 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 2017 the House Price Index for CAMBRIDGESHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £425,000 results in an estimated price of approximately £540,320.
| 18 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £425,000 | £115,320 | £540,320 |
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 | 16.940 % | £71,995 | £496,995 |
| 3 Month Average | 8.675 % | £36,867 | £461,867 |
| 6 Month Average | 10.180 % | £43,266 | £468,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £613,944 | £600,000 | 20 PAYTON WAY |
| 4 Sep 2023 | £270,973 | £265,000 | 6 BURGESS ROAD |
| 4 Apr 2023 | £453,482 | £445,000 | 31 PAYTON WAY |
| 12 Oct 2022 | £358,802 | £360,000 | 7 ROSEMARY ROAD |
| 31 Mar 2022 | £482,297 | £462,000 | 16 PAYTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Burgess Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Burgess Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pieces Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Camps Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Close |