£450,737
This estimated value is based upon the latest sale price for the house of £359,995 on 15 Dec 2017. 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 |
---|---|
£359,995 | 15 Dec 2017 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 December 2017 the House Price Index for MILTON KEYNES was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £359,995 results in an estimated price of approximately £450,737.
15 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.0 | 25.206 % | £359,995 | £90,742 | £450,737 |
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 | 16.845 % | £60,641 | £420,636 |
3 Month Average | -26.981 % | £-97,131 | £262,863 |
6 Month Average | -6.970 % | £-25,092 | £334,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £377,645 | £370,500 | 2 LAMBERT COURT |
27 Jul 2023 | £338,199 | £335,000 | 17 MORELLO WAY |
30 Jun 2023 | £312,534 | £310,000 | 3 REGINA CLOSE |
27 Apr 2023 | £332,471 | £330,000 | 15 LAMBERT COURT |
31 Oct 2022 | £201,997 | £205,000 | 30 ADDENBROOKES ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Dec 2017. Using an estimated price of £450,737 means this house is valued at £4,646 per sq meter (£431 per sq foot).
The average size of a house on LAMBERT COURT is 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morello Way |
Mar 2024 | Anti-social behaviour | On or near Lambert Court | |
Mar 2024 | Anti-social behaviour | On or near Lambert Court | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rainier Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainier Close |