£562,200
This estimated value is based upon the latest sale price for the house of £470,000 on 11 Sep 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 |
---|---|
£470,000 | 11 Sep 2020 |
£297,500 | 28 Apr 2008 |
£235,000 | 8 Apr 2005 |
£115,500 | 23 Jun 1998 |
Detached |
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 September 2020 the House Price Index for CAMBRIDGESHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £470,000 results in an estimated price of approximately £562,200.
11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £470,000 | £92,200 | £562,200 |
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 | 40.024 % | £188,113 | £658,113 |
3 Month Average | 1.313 % | £6,170 | £476,170 |
6 Month Average | 1.193 % | £5,606 | £475,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £661,939 | £650,000 | 3 BUTCHER CLOSE |
28 Mar 2023 | £907,150 | £892,000 | 5 COULSON CLOSE |
21 Oct 2022 | £563,119 | £565,000 | 5 FAULKNER CLOSE |
29 Jun 2021 | £810,650 | £750,000 | 15A FAULKNER CLOSE |
11 Sep 2020 | £562,200 | £470,000 | 30 BUTCHER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Butcher Close | |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peter Goodin Close |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peter Goodin Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bulteel Close |
Jul 2024 | Anti-social behaviour | On or near Coulson Close |