£356,601
This estimated value is based upon the latest sale price for the house of £232,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
There has been one burglary within the last year on or near Butt Lane
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Unit 4, New Close Farm, Butt Lane, Milton, Cambridge, CB24 6DQ
Phone: 01223459146
| Price Paid | Date |
|---|---|
| £232,000 | 6 Jun 2014 |
| £175,000 | 22 Aug 2008 |
| £164,000 | 11 Aug 2006 |
| Semi-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 June 2014 the House Price Index for CAMBRIDGESHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £232,000 results in an estimated price of approximately £356,601.
| 6 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £232,000 | £124,601 | £356,601 |
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 | -0.110 % | £-254 | £231,745 |
| 3 Month Average | 47.184 % | £109,465 | £341,465 |
| 6 Month Average | 58.200 % | £135,023 | £367,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £269,719 | £265,000 | 9 THE OAKS |
| 28 Apr 2022 | £458,261 | £445,000 | 16 THE OAKS |
| 29 May 2020 | £629,938 | £515,000 | 2 WALNUT CLOSE |
| 29 May 2020 | £250,752 | £205,000 | 25 THE ELMS |
| 20 Dec 2019 | £386,431 | £315,000 | 11 THE OAKS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Butt Lane | |
| Feb 2024 | Burglary | Under investigation | On or near Butt Lane |
| Feb 2024 | Anti-social behaviour | On or near Faulkner Close | |
| Feb 2024 | Anti-social behaviour | On or near Faulkner Close | |
| Jan 2024 | Anti-social behaviour | On or near Faulkner Close |