£391,350
This estimated value is based upon the latest sale price for the house of £77,995 on 1 Aug 1997. 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 |
|---|---|
| £77,995 | 1 Aug 1997 |
| 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 August 1997 the House Price Index for MILTON KEYNES was 29.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 401.763%.Applying this 401.763% change to the original purchase price of £77,995 results in an estimated price of approximately £391,350.
| 1 Aug 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.0 | 401.763 % | £77,995 | £313,355 | £391,350 |
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 | 295.402 % | £230,398 | £308,393 |
| 3 Month Average | 199.579 % | £155,661 | £233,656 |
| 6 Month Average | 307.976 % | £240,205 | £318,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £418,963 | £415,000 | 67 PENNYCRESS WAY |
| 26 Jan 2023 | £421,299 | £425,000 | 78 PENNYCRESS WAY |
| 17 Aug 2022 | £170,846 | £172,000 | 44 PENNYCRESS WAY |
| 11 Aug 2022 | £543,825 | £547,500 | 96 PENNYCRESS WAY |
| 1 Jul 2022 | £159,784 | £160,000 | 38 PENNYCRESS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valerian Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Valerian Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valerian Place |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Valerian Place |
| Jan 2024 | Anti-social behaviour | On or near Pennycress Way |