£382,640
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Jun 2014. 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 |
|---|---|
| £249,950 | 25 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2014 the House Price Index for CAMBRIDGESHIRE was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £249,950 results in an estimated price of approximately £382,640.
| 25 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £249,950 | £132,690 | £382,640 |
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 | 24.396 % | £60,978 | £310,928 |
| 3 Month Average | 54.524 % | £136,281 | £386,231 |
| 6 Month Average | 65.458 % | £163,612 | £413,562 |
| 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 |
| 28 Jul 2022 | £344,534 | £345,000 | 34 COBHOLM PLACE |
| 30 May 2022 | £384,313 | £378,600 | 4 CARAVERE CLOSE |
| 30 Sep 2021 | £343,437 | £320,000 | 47 BAYFORD PLACE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Mar 2014. Using an estimated price of £382,641 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on BASSETT CLOSE is 82 sq meters (889 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 |