£203,214
This estimated value is based upon the latest sale price for the house of £205,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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91a High Street, Newport Pagnell, MK16 8EN
Phone: 01908711246
| Price Paid | Date |
|---|---|
| £205,000 | 20 Jan 2023 |
| £95,000 | 14 Nov 2003 |
| £33,500 | 12 Sep 1997 |
| £31,000 | 28 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 439 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 January 2023 the House Price Index for MILTON KEYNES was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £205,000 results in an estimated price of approximately £203,214.
| 20 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £205,000 | £-1,785 | £203,214 |
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 | -29.258 % | £-59,977 | £145,022 |
| 3 Month Average | -39.296 % | £-80,557 | £124,442 |
| 6 Month Average | -23.620 % | £-48,420 | £156,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £203,215 | £205,000 | 5 PENNYCRESS WAY |
| 17 Aug 2022 | £170,846 | £172,000 | 44 PENNYCRESS WAY |
| 11 Aug 2022 | £543,825 | £547,500 | 96 PENNYCRESS WAY |
| 1 Jul 2022 | £159,784 | £160,000 | 38 PENNYCRESS WAY |
| 30 Jun 2022 | £313,174 | £310,000 | 7 SORRELL DRIVE |
This house has a floor area of 40 sq meters or 439 sq feet when measured on 13 Oct 2011. Using an estimated price of £203,215 means this house is valued at £4,975 per sq meter (£462 per sq foot).
The average size of a house on PENNYCRESS WAY is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Charlock Court |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way |