£497,602
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Sep 2018. 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 |
---|---|
£400,000 | 20 Sep 2018 |
£223,000 | 14 Apr 2004 |
£108,000 | 17 Jun 1998 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 September 2018 the House Price Index for MILTON KEYNES was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £400,000 results in an estimated price of approximately £497,602.
20 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £400,000 | £97,602 | £497,602 |
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 | 21.180 % | £84,720 | £484,720 |
3 Month Average | 4.244 % | £16,976 | £416,976 |
6 Month Average | -4.772 % | £-19,088 | £380,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £617,615 | £604,000 | 33 RANELAGH GARDENS |
29 Sep 2023 | £398,791 | £390,000 | 16 GLADSTONE CLOSE |
10 Mar 2023 | £310,434 | £305,250 | 50 PETERSHAM CLOSE |
23 Jan 2023 | £506,353 | £505,000 | 28 RANELAGH GARDENS |
24 Aug 2022 | £554,593 | £552,000 | 9 RANELAGH GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 May 2012. Using an estimated price of £497,603 means this house is valued at £4,878 per sq meter (£453 per sq foot).
The average size of a house on RANELAGH GARDENS is 123 sq meters (1,333 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Alexandra Drive | |
May 2024 | Anti-social behaviour | On or near Alexandra Drive | |
May 2024 | Anti-social behaviour | On or near Alexandra Drive | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ruskin Close |
May 2024 | Anti-social behaviour | On or near Petersham Close |