£323,051
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Jul 2019. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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45 High Street, Newport Pagnell, MK16 8AR
Phone: 01908942764
| Price Paid | Date |
|---|---|
| £260,000 | 23 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2019 the House Price Index for MILTON KEYNES was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £260,000 results in an estimated price of approximately £323,051.
| 23 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £260,000 | £63,051 | £323,051 |
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 | -26.381 % | £-68,589 | £191,410 |
| 3 Month Average | 5.801 % | £15,082 | £275,082 |
| 6 Month Average | 6.055 % | £15,742 | £275,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £296,537 | £290,000 | 76 PRIORY STREET |
| 4 Sep 2023 | £316,988 | £310,000 | 8 LAGONDA CLOSE |
| 1 Jun 2023 | £408,180 | £400,000 | 58 SALMONS YARD |
| 29 Jul 2022 | £363,644 | £360,000 | 55 SALMONS YARD |
| 24 Jun 2022 | £426,619 | £417,500 | 28 SALMONS YARD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 23 Apr 2019. Using an estimated price of £323,051 means this house is valued at £4,307 per sq meter (£400 per sq foot).
The average size of a house on LAGONDA CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lagonda Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priory Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Meadow Close |