£491,666
This estimated value is based upon the latest sale price for the house of £295,000 on 17 May 2013. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Lovat Bank, 37 Silver street, Newport Pagnell, MK16 0EJ
Phone: 01707684890
| Price Paid | Date |
|---|---|
| £295,000 | 17 May 2013 |
| £249,995 | 11 Jul 2008 |
| £242,500 | 8 Jul 2004 |
| £169,500 | 3 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 May 2013 the House Price Index for MILTON KEYNES was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.667%.Applying this 66.667% change to the original purchase price of £295,000 results in an estimated price of approximately £491,666.
| 17 May 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.0 | 66.667 % | £295,000 | £196,666 | £491,666 |
The Postcode Pricing Model uses changes in average sales price within the MK16 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 | 37.751 % | £111,365 | £406,365 |
| 3 Month Average | 3.497 % | £10,315 | £305,315 |
| 6 Month Average | 42.171 % | £124,403 | £419,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £5,096 | £5,000 | 48 RICHMOND WAY |
| 23 Nov 2023 | £392,033 | £387,000 | 7 ALEXANDRA DRIVE |
| 24 Apr 2023 | £574,268 | £570,000 | 93 RICHMOND WAY |
| 10 Mar 2023 | £306,909 | £305,250 | 50 PETERSHAM CLOSE |
| 25 Nov 2022 | £477,261 | £485,000 | 14 GLADSTONE CLOSE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 2 Mar 2013. Using an estimated price of £491,667 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on OSTERLEY CLOSE is 126 sq meters (1,358 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Osterley Close |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Osterley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gladstone Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glenwoods |