£123,424
This estimated value is based upon the latest sale price for the house of £50,000 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Response House, 124-126 Queensway, Bletchley, Milton Keynes, MK2 2RU
Phone: 01908683146
| Price Paid | Date |
|---|---|
| £50,000 | 28 Feb 2003 |
| Terraced |
| 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 February 2003 the House Price Index for MILTON KEYNES was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £50,000 results in an estimated price of approximately £123,424.
| 28 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £50,000 | £73,424 | £123,424 |
The Postcode Pricing Model uses changes in average sales price within the MK2 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 | 128.816 % | £64,407 | £114,407 |
| 3 Month Average | 156.806 % | £78,402 | £128,402 |
| 6 Month Average | 159.013 % | £79,506 | £129,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £266,772 | £260,000 | 3 DIDDINGTON CLOSE |
| 24 Nov 2023 | £220,600 | £215,000 | 11 SKENE CLOSE |
| 16 Oct 2023 | £230,229 | £225,000 | 4 RUTHVEN CLOSE |
| 9 Jun 2023 | £250,010 | £245,000 | 12 FERN GROVE |
| 15 Feb 2023 | £266,782 | £265,000 | 18 STRANGFORD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Ruthven Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruthven Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruthven Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ruthven Close |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Ruthven Close |