£384,312
This estimated value is based upon the latest sale price for the house of £378,600 on 30 May 2022. 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 |
|---|---|
| £378,600 | 30 May 2022 |
| 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 May 2022 the House Price Index for CAMBRIDGESHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £378,600 results in an estimated price of approximately £384,312.
| 30 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £378,600 | £5,712 | £384,312 |
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 | 14.522 % | £54,979 | £433,579 |
| 3 Month Average | 11.758 % | £44,514 | £423,114 |
| 6 Month Average | 4.205 % | £15,920 | £394,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £293,771 | £290,000 | 19 ARMITAGE WAY |
| 28 Apr 2023 | £406,018 | £403,000 | 18 ARMITAGE WAY |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Caravere Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caravere Close |
| Apr 2024 | Anti-social behaviour | On or near Basset Close | |
| Mar 2024 | Anti-social behaviour | On or near Basset Close | |
| Mar 2024 | Anti-social behaviour | On or near Basset Close |