£297,985
This estimated value is based upon the latest sale price for the house of £295,000 on 22 Jul 2022. 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 Rainier Close
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45 High Street, Newport Pagnell, MK16 8AR
Phone: 01908942764
| Price Paid | Date |
|---|---|
| £295,000 | 22 Jul 2022 |
| £295,000 | 22 Jul 2022 |
| £285,995 | 20 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2022 the House Price Index for MILTON KEYNES was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £295,000 results in an estimated price of approximately £297,985.
| 22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £295,000 | £2,985 | £297,985 |
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 | -9.360 % | £-27,612 | £267,387 |
| 3 Month Average | 10.449 % | £30,825 | £325,825 |
| 6 Month Average | -6.285 % | £-18,539 | £276,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £382,246 | £370,500 | 2 LAMBERT COURT |
| 27 Oct 2023 | £322,321 | £315,000 | 2 REGINA CLOSE |
| 5 Oct 2023 | £80,580 | £78,750 | 12 NORTH CRAWLEY ROAD |
| 2 Oct 2023 | £363,250 | £355,000 | 24 MORELLO WAY |
| 15 Sep 2023 | £286,311 | £280,000 | 19 ADDENBROOKES ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Mar 2018. Using an estimated price of £297,986 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on REGINA CLOSE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Rainier Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rainier Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rainier Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Canons |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near The Canons |