£194,961
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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500 Silbury Boulevard, Milton Keynes, MK9 2AD
Phone: 01280488546
Price Paid | Date |
---|---|
£140,000 | 30 Nov 2015 |
£124,000 | 25 Apr 2008 |
£93,995 | 9 Sep 2004 |
£29,000 | 10 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 517 sq feet |
This model uses changes in the Official Land Registry House Price Index for MILTON KEYNES to estimate the market value.
When this house was purchased in November 2015 the House Price Index for MILTON KEYNES was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £140,000 results in an estimated price of approximately £194,961.
30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £140,000 | £54,961 | £194,961 |
The Postcode Pricing Model uses changes in average sales price within the MK9 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 | 9.474 % | £13,263 | £153,263 |
3 Month Average | -6.202 % | £-8,683 | £131,316 |
6 Month Average | -10.850 % | £-15,190 | £124,809 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £108,953 | £108,000 | 629H SILBURY BOULEVARD |
6 Apr 2023 | £181,959 | £180,000 | 105 NORTH NINTH STREET |
31 Mar 2023 | £91,865 | £91,000 | 173 NORTH NINTH STREET |
19 Aug 2022 | £103,721 | £104,000 | 92 NORTH TENTH STREET |
24 Jun 2022 | £105,491 | £104,000 | 154 NORTH TENTH STREET |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 13 May 2009. Using an estimated price of £194,962 means this house is valued at £4,052 per sq meter (£376 per sq foot).
The average size of a house on NORTH NINTH STREET is 36 sq meters (389 sq feet).