£278,115
This estimated value is based upon the latest sale price for the house of £162,500 on 2 Dec 2010. 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 |
---|---|
£162,500 | 2 Dec 2010 |
£52,500 | 18 May 1995 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 617 sq feet |
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 December 2010 the House Price Index for CAMBRIDGESHIRE was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £162,500 results in an estimated price of approximately £278,115.
2 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 148.6 | 71.148 % | £162,500 | £115,615 | £278,115 |
The Postcode Pricing Model uses changes in average sales price within the CB4 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 | 163.892 % | £266,324 | £428,824 |
3 Month Average | 114.282 % | £185,707 | £348,207 |
6 Month Average | 82.763 % | £134,489 | £296,989 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £461,067 | £453,000 | 10A AMWELL ROAD |
6 Nov 2023 | £294,358 | £290,000 | 19 ARMITAGE WAY |
28 Apr 2023 | £407,386 | £403,000 | 18 ARMITAGE WAY |
28 Jul 2022 | £345,931 | £345,000 | 34 COBHOLM PLACE |
3 Sep 2021 | £168,104 | £156,000 | 20 AMWELL ROAD |
This house has a floor area of 57 sq meters or 617 sq feet when measured on 13 Oct 2010. Using an estimated price of £278,116 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on COBHOLM PLACE is 71 sq meters (771 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armitage Way |
Jan 2024 | Anti-social behaviour | On or near Amwell Road | |
Jan 2024 | Anti-social behaviour | On or near Amwell Road | |
Jan 2024 | Anti-social behaviour | On or near Amwell Road | |
Mar 2024 | Anti-social behaviour | On or near Basset Close |