£226,025
This estimated value is based upon the latest sale price for the house of £60,000 on 5 May 2000. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
Get our free house price tracker.
Unit 4, New Close Farm, Butt Lane, Milton, Cambridge, CB24 6DQ
Phone: 01223459146
| Price Paid | Date |
|---|---|
| £60,000 | 5 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 May 2000 the House Price Index for CAMBRIDGESHIRE was 39.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 276.709%.Applying this 276.709% change to the original purchase price of £60,000 results in an estimated price of approximately £226,025.
| 5 May 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.0 | 276.709 % | £60,000 | £166,025 | £226,025 |
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 | 316.667 % | £190,000 | £250,000 |
| 3 Month Average | 305.243 % | £183,145 | £243,145 |
| 6 Month Average | 291.153 % | £174,691 | £234,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £461,736 | £453,000 | 10A AMWELL ROAD |
| 6 Nov 2023 | £293,771 | £290,000 | 19 ARMITAGE WAY |
| 28 Apr 2023 | £406,018 | £403,000 | 18 ARMITAGE WAY |
| 28 Jul 2022 | £344,534 | £345,000 | 34 COBHOLM PLACE |
| 30 May 2022 | £384,313 | £378,600 | 4 CARAVERE CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 26 Feb 2018. Using an estimated price of £226,025 means this house is valued at £5,948 per sq meter (£552 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 | 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 | |
| Mar 2024 | Anti-social behaviour | On or near Basset Close | |
| Mar 2024 | Anti-social behaviour | On or near Basset Close |