£479,352
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Jun 1996. 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 Shorham Rise
More crime details
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2 Stratford Road Wolverton, Milton Keynes, MK12 5LJ
Phone: 01908942532
| Price Paid | Date |
|---|---|
| £85,000 | 12 Jun 1996 |
| 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 June 1996 the House Price Index for MILTON KEYNES was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £85,000 results in an estimated price of approximately £479,352.
| 12 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £85,000 | £394,352 | £479,352 |
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 | 78.792 % | £66,972 | £151,972 |
| 3 Month Average | 675.032 % | £573,776 | £658,776 |
| 6 Month Average | 588.539 % | £500,258 | £585,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2022 | £428,013 | £410,000 | 32 SHORHAM RISE |
| 7 Jan 2022 | £578,868 | £546,000 | 3 LEAFIELD RISE |
| 17 Dec 2021 | £528,861 | £490,000 | 20 LEAFIELD RISE |
| 2 Sep 2021 | £396,233 | £365,000 | 4 SHORHAM RISE |
| 23 Jun 2021 | £405,325 | £375,000 | 3 CAMBRON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Shorham Rise |
| Sep 2024 | Burglary | Under investigation | On or near Caldewell |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Hill |
| Sep 2024 | Anti-social behaviour | On or near Clay Hill | |
| Sep 2024 | Anti-social behaviour | On or near Clay Hill |