£389,531
This estimated value is based upon the latest sale price for the house of £310,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for BUCKINGHAMSHIRE 1
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8 Market Square, Buckingham, MK18 1NJ
Phone: 01280488538
Price Paid | Date |
---|---|
£310,000 | 30 May 2018 |
£148,500 | 16 Mar 2001 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for BUCKINGHAMSHIRE to estimate the market value.
When this house was purchased in May 2018 the House Price Index for BUCKINGHAMSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £310,000 results in an estimated price of approximately £389,531.
30 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £310,000 | £79,531 | £389,531 |
The Postcode Pricing Model uses changes in average sales price within the MK18 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 | -28.727 % | £-89,054 | £220,945 |
3 Month Average | 25.119 % | £77,867 | £387,867 |
6 Month Average | 9.161 % | £28,399 | £338,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £428,374 | £417,500 | 38 LIME AVENUE |
1 Sep 2023 | £536,834 | £525,000 | 23 WILLOW DRIVE |
23 Jun 2023 | £484,714 | £475,000 | 43 LIME AVENUE |
8 Feb 2023 | £470,644 | £467,500 | 41 LIME AVENUE |
6 Feb 2023 | £583,900 | £580,000 | 23 BORDER LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Feb 2020. Using an estimated price of £389,531 means this house is valued at £4,477 per sq meter (£415 per sq foot).
The average size of a house on WILLOW DRIVE is 112 sq meters (1,211 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |
Aug 2024 | Other theft | Under investigation | On or near Willow Drive |
Sep 2024 | Burglary | Under investigation | On or near Lime Avenue |
Jun 2024 | Anti-social behaviour | On or near Wren Close | |
Jun 2024 | Anti-social behaviour | On or near Wren Close |