£253,127
This estimated value is based upon the latest sale price for the house of £57,000 on 9 Apr 1999. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Lovat Bank, 37 Silver street, Newport Pagnell, MK16 0EJ
Phone: 01707684890
| Price Paid | Date |
|---|---|
| £57,000 | 9 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 1999 the House Price Index for MILTON KEYNES was 33.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 344.083%.Applying this 344.083% change to the original purchase price of £57,000 results in an estimated price of approximately £253,127.
| 9 Apr 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.0 | 344.083 % | £57,000 | £196,127 | £253,127 |
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 | 269.473 % | £153,599 | £210,599 |
| 3 Month Average | 193.990 % | £110,574 | £167,574 |
| 6 Month Average | 301.554 % | £171,885 | £228,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £183,363 | £182,000 | 28 PETERSHAM CLOSE |
| 10 Mar 2023 | £306,909 | £305,250 | 50 PETERSHAM CLOSE |
| 25 Nov 2022 | £477,261 | £485,000 | 14 GLADSTONE CLOSE |
| 20 Jun 2022 | £191,945 | £190,000 | 29 PETERSHAM CLOSE |
| 22 Apr 2022 | £323,077 | £315,000 | 10 PETERSHAM CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Oct 2018. Using an estimated price of £253,127 means this house is valued at £3,616 per sq meter (£335 per sq foot).
The average size of a house on PETERSHAM CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petersham Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petersham Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gladstone Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mountsfield Close |