£258,829
This estimated value is based upon the latest sale price for the house of £195,000 on 10 Nov 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Regency Court, 224 Upper Fifth Street, Milton Keynes, MK9 2HR
Phone: 01908942131
| Price Paid | Date |
|---|---|
| £195,000 | 10 Nov 2016 |
| £161,457 | 23 Jan 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2016 the House Price Index for MILTON KEYNES was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £195,000 results in an estimated price of approximately £258,829.
| 10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £195,000 | £63,829 | £258,829 |
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 | -13.746 % | £-26,803 | £168,196 |
| 3 Month Average | -0.377 % | £-734 | £194,265 |
| 6 Month Average | -9.656 % | £-18,829 | £176,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £238,067 | £236,000 | 46 CHELSEA HOUSE, 599 WITAN GATE |
| 27 Nov 2019 | £247,043 | £199,950 | 82 CHELSEA HOUSE, 599 WITAN GATE |
| 29 Oct 2019 | £203,841 | £165,000 | 33 STATEN HOUSE RILLATON WALK |
| 18 Apr 2019 | £249,167 | £200,000 | 36 CHELSEA HOUSE, 599 WITAN GATE |
| 18 Dec 2018 | £173,979 | £140,000 | 17 STATEN HOUSE RILLATON WALK |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 26 Jul 2021. Using an estimated price of £258,829 means this house is valued at £5,075 per sq meter (£471 per sq foot).
The average size of a house on WITAN GATE is 57 sq meters (620 sq feet).