£477,689
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Aug 2020. 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 |
|---|---|
| £400,000 | 28 Aug 2020 |
| £280,000 | 29 Oct 2012 |
| 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 2020 the House Price Index for MILTON KEYNES was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £400,000 results in an estimated price of approximately £477,689.
| 28 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £400,000 | £77,689 | £477,689 |
The Postcode Pricing Model uses changes in average sales price within the MK15 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 | 27.953 % | £111,813 | £511,813 |
| 3 Month Average | 7.916 % | £31,665 | £431,665 |
| 6 Month Average | 24.492 % | £97,966 | £497,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £316,927 | £315,000 | 2 WELLFIELD COURT |
| 28 Apr 2023 | £1,052,825 | £1,045,000 | 1 THURSBY CLOSE |
| 1 Feb 2023 | £128,393 | £129,000 | 11 DOLBEN COURT |
| 14 Oct 2022 | £101,490 | £102,999 | 15 ALDRICH DRIVE |
| 27 Jan 2022 | £550,283 | £525,000 | 1 BATES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bates Close |
| Apr 2024 | Burglary | Under investigation | On or near Wellfield Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellfield Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellfield Court |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Ketton Close |