£421,116
This estimated value is based upon the latest sale price for the house of £271,000 on 26 Mar 2014. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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48 North Twelfth Street, Milton Keynes, MK9 3BT
Phone: 01908713061
| Price Paid | Date |
|---|---|
| £271,000 | 26 Mar 2014 |
| £126,500 | 12 Mar 1999 |
| Terraced |
| 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 March 2014 the House Price Index for MILTON KEYNES was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £271,000 results in an estimated price of approximately £421,116.
| 26 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £271,000 | £150,116 | £421,116 |
The Postcode Pricing Model uses changes in average sales price within the MK9 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 | -46.796 % | £-126,815 | £144,184 |
| 3 Month Average | 37.719 % | £102,217 | £373,217 |
| 6 Month Average | 40.066 % | £108,577 | £379,577 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Adelphi Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Adelphi Street |
| Jan 2024 | Drugs | Awaiting court outcome | On or near North Fourteenth Street |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near North Fourteenth Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near North Fourteenth Street |