£508,497
This estimated value is based upon the latest sale price for the house of £138,000 on 31 Aug 2000. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
There has been one burglary within the last year on or near Gladstone Close
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Lovat Bank, 37 Silver street, Newport Pagnell, MK16 0EJ
Phone: 01707684890
| Price Paid | Date |
|---|---|
| £138,000 | 31 Aug 2000 |
| 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 2000 the House Price Index for MILTON KEYNES was 40.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 268.477%.Applying this 268.477% change to the original purchase price of £138,000 results in an estimated price of approximately £508,497.
| 31 Aug 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.0 | 268.477 % | £138,000 | £370,497 | £508,497 |
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 | 158.126 % | £218,214 | £356,214 |
| 3 Month Average | 117.046 % | £161,523 | £299,523 |
| 6 Month Average | 200.796 % | £277,098 | £415,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £306,909 | £305,250 | 50 PETERSHAM CLOSE |
| 25 Nov 2022 | £477,261 | £485,000 | 14 GLADSTONE CLOSE |
| 22 Jul 2022 | £419,433 | £420,000 | 6 OSTERLEY CLOSE |
| 22 Jul 2022 | £554,251 | £555,000 | 14 OSTERLEY CLOSE |
| 25 Mar 2022 | £309,623 | £300,000 | 39 PETERSHAM CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gladstone Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petersham Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petersham Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Osterley Close |