£166,351
This estimated value is based upon the latest sale price for the house of £135,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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500 Silbury Boulevard, Milton Keynes, MK9 2AD
Phone: 01280488546
Price Paid | Date |
---|---|
£135,000 | 29 May 2020 |
£45,000 | 15 Dec 2000 |
£32,000 | 17 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2020 the House Price Index for MILTON KEYNES was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £135,000 results in an estimated price of approximately £166,351.
29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £135,000 | £31,351 | £166,351 |
The Postcode Pricing Model uses changes in average sales price within the MK9 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 | 1.131 % | £1,527 | £136,527 |
3 Month Average | -9.665 % | £-13,047 | £121,952 |
6 Month Average | -18.215 % | £-24,590 | £110,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £92,092 | £90,000 | 57 NORTH NINTH STREET |
4 Aug 2023 | £109,984 | £108,000 | 629H SILBURY BOULEVARD |
6 Apr 2023 | £183,431 | £180,000 | 105 NORTH NINTH STREET |
31 Mar 2023 | £92,546 | £91,000 | 173 NORTH NINTH STREET |
19 Aug 2022 | £104,489 | £104,000 | 92 NORTH TENTH STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 Mar 2020. Using an estimated price of £166,352 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on NORTH NINTH STREET is 36 sq meters (389 sq feet).