£993,731
This estimated value is based upon the latest sale price for the house of £284,950 on 9 Apr 2001. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Sovereign Court, 213 Witan Gate, Milton Keynes, MK9 2HP
Phone: 01908951195
Price Paid | Date |
---|---|
£284,950 | 9 Apr 2001 |
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 April 2001 the House Price Index for MILTON KEYNES was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £284,950 results in an estimated price of approximately £993,731.
9 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 149.7 | 248.739 % | £284,950 | £708,781 | £993,731 |
The Postcode Pricing Model uses changes in average sales price within the MK5 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 | 276.747 % | £788,590 | £1,073,540 |
3 Month Average | 181.987 % | £518,572 | £803,522 |
6 Month Average | 208.355 % | £593,707 | £878,657 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £1,005,448 | £990,000 | 69 REDLAND DRIVE |
12 Jun 2023 | £887,791 | £870,000 | 84 REDLAND DRIVE |
31 Mar 2023 | £966,135 | £950,000 | 6 HUGH PARKE CLOSE |
7 Oct 2022 | £699,663 | £702,000 | 15 LEYS ROAD |
29 Apr 2022 | £1,141,164 | £1,100,000 | 67 REDLAND DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hugh Park Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Weldon Rise |
May 2024 | Violence and sexual offences | Under investigation | On or near Pitcher Lane |
Jul 2024 | Other theft | Under investigation | On or near Ardys Court |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Ardys Court |