£416,739
This estimated value is based upon the latest sale price for the house of £399,000 on 4 Feb 2022. 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 |
|---|---|
| £399,000 | 4 Feb 2022 |
| £337,500 | 24 Oct 2014 |
| £93,000 | 11 Dec 1998 |
| £77,000 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
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 February 2022 the House Price Index for MILTON KEYNES was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £399,000 results in an estimated price of approximately £416,739.
| 4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £399,000 | £17,739 | £416,739 |
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 | -19.885 % | £-79,341 | £319,658 |
| 3 Month Average | -33.365 % | £-133,124 | £265,875 |
| 6 Month Average | -14.359 % | £-57,293 | £341,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £329,227 | £325,000 | 22 BURY STREET |
| 30 Jun 2023 | £403,270 | £400,000 | 2 LOVAT STREET |
| 3 Nov 2022 | £316,862 | £322,000 | 64 SILVER STREET |
| 25 Aug 2022 | £347,651 | £350,000 | 61 SILVER STREET |
| 30 Jun 2022 | £191,945 | £190,000 | 2 SILVER STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Apr 2013. Using an estimated price of £416,740 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on SILVER STREET is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near River Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Silver Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedars Way |
| Apr 2024 | Public order | Under investigation | On or near The Maltings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Maltings |