£295,904
This estimated value is based upon the latest sale price for the house of £160,000 on 7 May 2009. 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 |
---|---|
£160,000 | 7 May 2009 |
£155,995 | 9 Sep 2004 |
£91,000 | 19 Jan 2001 |
£61,750 | 22 Apr 1999 |
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 May 2009 the House Price Index for CAMBRIDGESHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £160,000 results in an estimated price of approximately £295,904.
7 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £160,000 | £135,904 | £295,904 |
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 | 37.113 % | £59,380 | £219,380 |
3 Month Average | 85.038 % | £136,060 | £296,060 |
6 Month Average | 90.995 % | £145,591 | £305,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Sep 2020 | £296,845 | £250,000 | 224 THE ROWANS |
29 May 2020 | £250,752 | £205,000 | 25 THE ELMS |
3 Dec 2019 | £294,423 | £240,000 | 220 THE ROWANS |
13 Nov 2019 | £355,669 | £290,000 | 45 THE OAKS |
27 Sep 2018 | £370,460 | £300,000 | 24 THE ELMS |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Edmund Close |
Dec 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near Edmund Close |
Mar 2024 | Anti-social behaviour | On or near Butt Lane | |
Feb 2024 | Burglary | Under investigation | On or near Butt Lane |
Mar 2024 | Public order | Under investigation | On or near Ken'S Way |