£556,926
This estimated value is based upon the latest sale price for the house of £419,995 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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42 Stratford Road, Wolverton, Milton Keynes, MK12 5LW
Phone: 01908942453
| Price Paid | Date |
|---|---|
| £419,995 | 26 Aug 2016 |
| Detached |
| Freehold |
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 August 2016 the House Price Index for MILTON KEYNES was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £419,995 results in an estimated price of approximately £556,926.
| 26 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £419,995 | £136,931 | £556,926 |
The Postcode Pricing Model uses changes in average sales price within the MK8 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 | 31.094 % | £130,591 | £550,586 |
| 3 Month Average | 22.287 % | £93,605 | £513,600 |
| 6 Month Average | 41.872 % | £175,861 | £595,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £588,579 | £585,000 | 5 MILESMERE |
| 17 Dec 2021 | £373,468 | £350,000 | 7 MILESMERE |
| 25 Oct 2021 | £395,071 | £358,500 | 2 COTSWOLD WAY |
| 18 Dec 2020 | £360,356 | £315,250 | 6 MARINO BOULEVARD |
| 16 Dec 2020 | £445,801 | £390,000 | 7 ROMNEY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Romney Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marino Boulevard |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burewelle |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burewelle |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burewelle |