£368,120
This estimated value is based upon the latest sale price for the house of £311,500 on 16 Oct 2020. 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 |
---|---|
£311,500 | 16 Oct 2020 |
£300,000 | 9 Nov 2015 |
£192,000 | 26 Sep 2011 |
£131,000 | 11 Oct 2005 |
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 October 2020 the House Price Index for CAMBRIDGESHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £311,500 results in an estimated price of approximately £368,120.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £311,500 | £56,620 | £368,120 |
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 | 6.871 % | £21,404 | £332,904 |
3 Month Average | 17.283 % | £53,835 | £365,335 |
6 Month Average | 12.019 % | £37,438 | £348,938 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £616,000 | £616,000 | 43 BANNOLD ROAD |
1 Dec 2023 | £526,168 | £510,000 | 8 BANNOLD ROAD |
29 Sep 2023 | £418,219 | £409,000 | 2 SPURGEONS AVENUE |
29 Sep 2023 | £633,975 | £620,000 | 10 BANNOLD ROAD |
25 Aug 2023 | £330,969 | £325,000 | 104 WAY LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bannold Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bannold Road |
Oct 2024 | Anti-social behaviour | On or near Spurgeons Avenue | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Crescent |
Sep 2024 | Drugs | Unable to prosecute suspect | On or near Park Crescent |