£447,359
This estimated value is based upon the latest sale price for the house of £300,000 on 21 Nov 2014. 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 |
---|---|
£300,000 | 21 Nov 2014 |
Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 November 2014 the House Price Index for MILTON KEYNES was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £300,000 results in an estimated price of approximately £447,359.
21 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.0 | 49.120 % | £300,000 | £147,359 | £447,359 |
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 | 31.949 % | £95,846 | £395,846 |
3 Month Average | -9.486 % | £-28,456 | £271,543 |
6 Month Average | 23.235 % | £69,704 | £369,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £383,629 | £380,000 | 7 SPARK WAY |
10 Mar 2023 | £281,522 | £280,000 | 44 SITWELL CLOSE |
10 Mar 2023 | £361,957 | £360,000 | 5 SITWELL CLOSE |
7 Feb 2022 | £287,227 | £275,000 | 111 WORDSWORTH AVENUE |
4 Feb 2022 | £960,903 | £920,000 | 14B SITWELL CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 May 2012. Using an estimated price of £447,359 means this house is valued at £6,300 per sq meter (£585 per sq foot).
The average size of a house on SITWELL CLOSE is 116 sq meters (1,255 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
Jan 2024 | Anti-social behaviour | On or near Eliot Close | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thyme Close |