£501,311
This estimated value is based upon the latest sale price for the house of £379,995 on 27 Oct 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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64 Redgrave Drive, Oxley Park, Milton Keynes, MK4 4TB
Phone: 01908711251
| Price Paid | Date |
|---|---|
| £379,995 | 27 Oct 2016 |
| Detached |
| Freehold |
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 October 2016 the House Price Index for MILTON KEYNES was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £379,995 results in an estimated price of approximately £501,311.
| 27 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £379,995 | £121,316 | £501,311 |
The Postcode Pricing Model uses changes in average sales price within the MK8 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 | -16.656 % | £-63,292 | £316,702 |
| 3 Month Average | 37.121 % | £141,057 | £521,052 |
| 6 Month Average | 32.010 % | £121,638 | £501,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £403,820 | £400,000 | 8 SHORTHORN DRIVE |
| 4 Nov 2022 | £457,580 | £465,000 | 22 ZEBU CRESCENT |
| 27 May 2022 | £172,565 | £170,000 | 11 CARORA CRESCENT |
| 25 Feb 2022 | £96,613 | £92,500 | FLAT 2 7 BLUE ALBION LANE |
| 3 Dec 2021 | £453,497 | £425,000 | 68 HEREN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelore Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Madura Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madura Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Angus Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Angus Way |