£432,246
This estimated value is based upon the latest sale price for the house of £323,000 on 2 Sep 2016. 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 |
|---|---|
| £323,000 | 2 Sep 2016 |
| £102,000 | 22 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2016 the House Price Index for BUCKINGHAMSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £323,000 results in an estimated price of approximately £432,246.
| 2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £323,000 | £109,246 | £432,246 |
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 | 3.114 % | £10,059 | £333,059 |
| 3 Month Average | 13.532 % | £43,709 | £366,709 |
| 6 Month Average | 10.736 % | £34,676 | £357,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £260,000 | £260,000 | 27 MARE LEYS |
| 20 Oct 2023 | £209,764 | £205,000 | 10 DOWNER CLOSE |
| 4 Aug 2023 | £366,612 | £360,000 | 113 BURLEIGH PIECE |
| 22 Jun 2023 | £377,561 | £369,995 | 1 MARE LEYS |
| 27 Apr 2023 | £280,242 | £275,000 | 2 DOWNER CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Jan 2016. Using an estimated price of £432,246 means this house is valued at £5,336 per sq meter (£495 per sq foot).
The average size of a house on MARE LEYS is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mare Leys |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sandy Close |
| Sep 2024 | Other crime | Under investigation | On or near Sandy Close |
| Oct 2024 | Other theft | Under investigation | On or near Dukes Piece |
| Jul 2024 | Anti-social behaviour | On or near Bushey Close |