£525,045
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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42 Stratford Road, Wolverton, Milton Keynes, MK12 5LW
Phone: 01908942453
| Price Paid | Date |
|---|---|
| £425,000 | 28 Oct 2019 |
| £250,000 | 5 Dec 2011 |
| £249,000 | 29 Jul 2005 |
| 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 October 2019 the House Price Index for MILTON KEYNES was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £425,000 results in an estimated price of approximately £525,045.
| 28 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £425,000 | £100,045 | £525,045 |
The Postcode Pricing Model uses changes in average sales price within the MK12 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 | 61.893 % | £263,045 | £688,045 |
| 3 Month Average | 29.973 % | £127,386 | £552,386 |
| 6 Month Average | 23.913 % | £101,628 | £526,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £337,935 | £335,000 | 42 ARDWELL LANE |
| 26 Apr 2024 | £282,453 | £280,000 | 17 OXMAN LANE |
| 3 Nov 2023 | £133,386 | £130,000 | 4 GLEEMAN CLOSE |
| 31 Oct 2023 | £288,554 | £282,000 | 22 THRESHER GROVE |
| 31 Aug 2023 | £239,316 | £235,000 | 14 THRESHER GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxman Lane |
| Aug 2024 | Anti-social behaviour | On or near Thresher Grove | |
| Aug 2024 | Anti-social behaviour | On or near Thresher Grove | |
| Aug 2024 | Anti-social behaviour | On or near Thresher Grove | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gleeman Close |