£492,062
This estimated value is based upon the latest sale price for the house of £372,500 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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48 North Twelfth Street, Milton Keynes, MK9 3BT
Phone: 01908713061
| Price Paid | Date |
|---|---|
| £372,500 | 9 Dec 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 December 2016 the House Price Index for MILTON KEYNES was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £372,500 results in an estimated price of approximately £492,062.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £372,500 | £119,562 | £492,062 |
The Postcode Pricing Model uses changes in average sales price within the MK15 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 | 42.236 % | £157,327 | £529,827 |
| 3 Month Average | 31.885 % | £118,770 | £491,270 |
| 6 Month Average | 29.658 % | £110,476 | £482,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £577,753 | £560,000 | 17 SKEATS WHARF |
| 22 Sep 2023 | £406,971 | £398,000 | 20 LONGCROSS |
| 12 Apr 2023 | £458,577 | £450,000 | 13 BROADPIECE |
| 23 Mar 2023 | £330,520 | £325,000 | 36 LEOPARD DRIVE |
| 28 Feb 2023 | £221,479 | £220,000 | 6 LONGCROSS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Leopard Drive |
| Aug 2024 | Drugs | Under investigation | On or near Leopard Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longcross |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bodle Close |
| Jul 2024 | Anti-social behaviour | On or near Bodle Close |