£258,546
This estimated value is based upon the latest sale price for the house of £46,000 on 31 Jan 1995. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Lovat Bank, 37 Silver street, Newport Pagnell, MK16 0EJ
Phone: 01707684890
Price Paid | Date |
---|---|
£46,000 | 31 Jan 1995 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,221 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 January 1995 the House Price Index for MILTON KEYNES was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £46,000 results in an estimated price of approximately £258,546.
31 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 149.7 | 462.059 % | £46,000 | £212,546 | £258,546 |
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 | 437.445 % | £201,224 | £247,224 |
3 Month Average | 522.435 % | £240,320 | £286,320 |
6 Month Average | 508.332 % | £233,832 | £279,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £333,465 | £325,000 | 22 BURY STREET |
27 Oct 2023 | £271,159 | £265,000 | 52 SILVER STREET |
30 Jun 2023 | £408,180 | £400,000 | 2 LOVAT STREET |
3 Nov 2022 | £320,501 | £322,000 | 64 SILVER STREET |
30 Jun 2022 | £194,150 | £190,000 | 2 SILVER STREET |
This house has a floor area of 113 sq meters or 1,221 sq feet when measured on 27 May 2010. Using an estimated price of £258,547 means this house is valued at £2,278 per sq meter (£211 per sq foot).
The average size of a house on BURY STREET is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Silver Street |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silver Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Street |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lovat Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lovat Street |