£644,937
This estimated value is based upon the latest sale price for the house of £465,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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187c High Street, Cranfield, MK43 0JB
Phone: 01234584076
| Price Paid | Date |
|---|---|
| £465,000 | 20 Nov 2015 |
| 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 November 2015 the House Price Index for MILTON KEYNES was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £465,000 results in an estimated price of approximately £644,937.
| 20 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £465,000 | £179,937 | £644,937 |
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 | 12.428 % | £57,789 | £522,789 |
| 3 Month Average | 5.221 % | £24,279 | £489,279 |
| 6 Month Average | 16.211 % | £75,380 | £540,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £731,448 | £727,000 | 7 LEWENSCROFT |
| 14 Aug 2023 | £314,412 | £312,500 | 2 THE CLOSE |
| 14 Jul 2023 | £565,348 | £560,000 | 17 MAIN ROAD |
| 30 Jun 2023 | £771,253 | £765,000 | WAYSIDE, 39 MAIN ROAD |
| 9 Mar 2023 | £512,772 | £510,000 | 7 CRANFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Astwood Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakcroft |