£271,870
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Jul 2016. 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 |
|---|---|
| £205,000 | 15 Jul 2016 |
| £96,500 | 29 Jul 2002 |
| £85,000 | 6 Feb 2002 |
| £32,000 | 22 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2016 the House Price Index for MILTON KEYNES was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £205,000 results in an estimated price of approximately £271,870.
| 15 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £205,000 | £66,870 | £271,870 |
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 | -5.727 % | £-11,740 | £193,259 |
| 3 Month Average | -30.230 % | £-61,971 | £143,028 |
| 6 Month Average | 4.622 % | £9,476 | £214,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £295,592 | £290,000 | 37 SPRING GARDENS |
| 28 Jul 2023 | £302,865 | £300,000 | 31 SPRING GARDENS |
| 28 Jun 2023 | £243,978 | £242,000 | 36 CALDECOTE STREET |
| 7 Mar 2023 | £197,065 | £196,000 | 40 CALDECOTE STREET |
| 11 Nov 2022 | £280,452 | £285,000 | 9 BEACONSFIELD PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Feb 2020. Using an estimated price of £271,871 means this house is valued at £3,998 per sq meter (£371 per sq foot).
The average size of a house on SPRING GARDENS is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bury Avenue |
| Jan 2024 | Anti-social behaviour | On or near Bury Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Bury Avenue |