£375,926
This estimated value is based upon the latest sale price for the house of £305,000 on 7 Feb 2020. 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 |
---|---|
£305,000 | 7 Feb 2020 |
£202,455 | 3 Aug 2004 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 February 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 23.255%.Applying this 23.255% change to the original purchase price of £305,000 results in an estimated price of approximately £375,926.
7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £305,000 | £70,926 | £375,926 |
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 | 28.876 % | £88,072 | £393,072 |
3 Month Average | 9.451 % | £28,824 | £333,824 |
6 Month Average | 8.362 % | £25,504 | £330,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2024 | £492,000 | £492,000 | 38 LONDON ROAD |
16 Apr 2024 | £287,497 | £285,000 | 4 PAPWORTH CLOSE |
4 Oct 2023 | £547,433 | £535,000 | 32 LONDON ROAD |
1 Aug 2023 | £534,643 | £525,000 | 17 LONDON ROAD |
24 Feb 2023 | £302,017 | £300,000 | 40 HOPTON GROVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 11 Oct 2019. Using an estimated price of £375,927 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on HOPTON GROVE is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hopton Grove |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Hopton Grove |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Hopton Grove |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hopton Grove |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Hopton Grove |