£368,020
This estimated value is based upon the latest sale price for the house of £277,500 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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45 High Street, Newport Pagnell, MK16 8AR
Phone: 01908942764
| Price Paid | Date |
|---|---|
| £277,500 | 8 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2016 the House Price Index for MILTON KEYNES was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £277,500 results in an estimated price of approximately £368,020.
| 8 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £277,500 | £90,520 | £368,020 |
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 | -5.727 % | £-15,893 | £261,606 |
| 3 Month Average | -30.230 % | £-83,888 | £193,611 |
| 6 Month Average | 4.622 % | £12,827 | £290,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £348,352 | £350,000 | 45 MILTON DRIVE |
| 8 Sep 2022 | £385,314 | £390,000 | 3 MILTON DRIVE |
| 1 Jun 2022 | £485,420 | £480,500 | 18 LAGONDA CLOSE |
| 25 Apr 2022 | £338,462 | £330,000 | 15 LAGONDA CLOSE |
| 31 Mar 2022 | £366,388 | £355,000 | 30 MILTON DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Feb 2016. Using an estimated price of £368,020 means this house is valued at £4,658 per sq meter (£432 per sq foot).
The average size of a house on LAGONDA CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Close |
| Mar 2024 | Burglary | Under investigation | On or near Priory Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salmons Yard |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Priory Close |