£376,673
This estimated value is based upon the latest sale price for the house of £300,000 on 10 Nov 2017. 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 |
|---|---|
| £300,000 | 10 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2017 the House Price Index for CAMBRIDGESHIRE was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £300,000 results in an estimated price of approximately £376,673.
| 10 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £300,000 | £76,673 | £376,673 |
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 | 67.219 % | £201,657 | £501,657 |
| 3 Month Average | 19.794 % | £59,382 | £359,382 |
| 6 Month Average | 13.197 % | £39,589 | £339,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £313,517 | £315,000 | 11 EMPEROR COURT |
| 30 May 2022 | £384,313 | £378,600 | 4 CARAVERE CLOSE |
| 30 Nov 2021 | £457,787 | £425,000 | 17 BAYFORD PLACE |
| 22 Oct 2021 | £369,173 | £335,000 | 10 ARDEN ROAD |
| 30 Sep 2021 | £343,437 | £320,000 | 47 BAYFORD PLACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Apr 2017. Using an estimated price of £376,674 means this house is valued at £7,243 per sq meter (£672 per sq foot).
The average size of a house on ARMITAGE WAY is 45 sq meters (489 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hercules Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hercules Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hercules Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hercules Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hercules Close |