£328,134
This estimated value is based upon the latest sale price for the house of £255,000 on 22 May 2017. 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 |
|---|---|
| £255,000 | 22 May 2017 |
| £170,000 | 25 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2017 the House Price Index for MILTON KEYNES was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £255,000 results in an estimated price of approximately £328,134.
| 22 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £255,000 | £73,134 | £328,134 |
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 | -14.059 % | £-35,849 | £219,150 |
| 3 Month Average | -22.152 % | £-56,486 | £198,513 |
| 6 Month Average | 2.356 % | £6,008 | £261,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £272,939 | £270,000 | 10 SORRELL DRIVE |
| 26 Jan 2023 | £423,007 | £425,000 | 78 PENNYCRESS WAY |
| 20 Jan 2023 | £204,039 | £205,000 | 5 PENNYCRESS WAY |
| 17 Aug 2022 | £171,538 | £172,000 | 44 PENNYCRESS WAY |
| 30 Jun 2022 | £314,444 | £310,000 | 7 SORRELL DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Jan 2017. Using an estimated price of £328,135 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on SORRELL DRIVE is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Charlock Court |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way |