£676,552
This estimated value is based upon the latest sale price for the house of £145,000 on 25 Aug 1998. 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 |
|---|---|
| £145,000 | 25 Aug 1998 |
| £101,000 | 10 Feb 1995 |
| 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 August 1998 the House Price Index for CAMBRIDGESHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £145,000 results in an estimated price of approximately £676,552.
| 25 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £145,000 | £531,552 | £676,552 |
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 | 180.856 % | £262,240 | £407,240 |
| 3 Month Average | 296.350 % | £429,707 | £574,707 |
| 6 Month Average | 339.107 % | £491,704 | £636,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £655,737 | £650,000 | 3 BUTCHER CLOSE |
| 18 Aug 2023 | £529,633 | £525,000 | 6 LYNDHURST CLOSE |
| 14 Jul 2023 | £613,254 | £605,000 | 4 MANSFIELD CLOSE |
| 13 Jan 2023 | £582,257 | £585,000 | 72 BUTT LANE |
| 10 Sep 2021 | £501,081 | £465,000 | 8 LYNDHURST CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Close |
| Mar 2024 | Anti-social behaviour | On or near Butt Lane | |
| Feb 2024 | Burglary | Under investigation | On or near Butt Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conder Close |