£569,797
This estimated value is based upon the latest sale price for the house of £475,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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91a High Street, Newport Pagnell, MK16 8EN
Phone: 01908711246
| Price Paid | Date |
|---|---|
| £475,000 | 6 Mar 2020 |
| £275,000 | 12 Jun 2003 |
| £135,000 | 26 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2020 the House Price Index for MILTON KEYNES was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £475,000 results in an estimated price of approximately £569,797.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £475,000 | £94,797 | £569,797 |
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 | -10.000 % | £-47,500 | £427,500 |
| 3 Month Average | -18.236 % | £-86,621 | £388,378 |
| 6 Month Average | -0.904 % | £-4,293 | £470,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £383,629 | £380,000 | 7 SPARK WAY |
| 10 Mar 2023 | £281,522 | £280,000 | 44 SITWELL CLOSE |
| 10 Mar 2023 | £361,957 | £360,000 | 5 SITWELL CLOSE |
| 17 Feb 2022 | £287,227 | £275,000 | 10 ELIOT CLOSE |
| 7 Feb 2022 | £287,227 | £275,000 | 111 WORDSWORTH AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 Aug 2019. Using an estimated price of £569,798 means this house is valued at £5,426 per sq meter (£504 per sq foot).
The average size of a house on SITWELL CLOSE is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
| Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
| Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
| Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thyme Close |