£306,372
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Feb 2022. 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 |
|---|---|
| £290,000 | 15 Feb 2022 |
| 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 February 2022 the House Price Index for CAMBRIDGESHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £290,000 results in an estimated price of approximately £306,372.
| 15 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £290,000 | £16,372 | £306,372 |
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 | 17.969 % | £52,110 | £342,110 |
| 3 Month Average | 4.284 % | £12,423 | £302,423 |
| 6 Month Average | 0.464 % | £1,345 | £291,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £526,168 | £510,000 | 8 BANNOLD ROAD |
| 30 Nov 2023 | £533,544 | £520,000 | 3 JOSIAH COURT |
| 29 Sep 2023 | £418,219 | £409,000 | 2 SPURGEONS AVENUE |
| 25 Aug 2023 | £330,969 | £325,000 | 104 WAY LANE |
| 1 Mar 2023 | £563,663 | £554,250 | 131B BANNOLD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Spurgeons Avenue | |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Park Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Crescent |
| 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 |