£260,691
This estimated value is based upon the latest sale price for the house of £210,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Regency Court, 224 Upper Fifth Street, Milton Keynes, MK9 2HR
Phone: 01908942131
Price Paid | Date |
---|---|
£210,000 | 9 Nov 2018 |
£156,200 | 27 Aug 2008 |
£153,081 | 31 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2018 the House Price Index for MILTON KEYNES was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £210,000 results in an estimated price of approximately £260,691.
9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £210,000 | £50,691 | £260,691 |
The Postcode Pricing Model uses changes in average sales price within the MK9 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 | -5.653 % | £-11,871 | £198,128 |
3 Month Average | -13.336 % | £-28,005 | £181,994 |
6 Month Average | -13.092 % | £-27,493 | £182,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2020 | £329,395 | £270,000 | 10 MANHATTAN HOUSE, 401 WITAN GATE |
18 Feb 2020 | £320,462 | £260,000 | 88 CARNEGIE HOUSE, 503 WITAN GATE |
22 Nov 2019 | £305,175 | £247,000 | 33 CARNEGIE HOUSE, 503 WITAN GATE |
14 Mar 2019 | £253,262 | £203,500 | 95 CARNEGIE HOUSE, 503 WITAN GATE |
9 Nov 2018 | £260,691 | £210,000 | 73 CARNEGIE HOUSE, 503 WITAN GATE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Sep 2018. Using an estimated price of £260,691 means this house is valued at £5,431 per sq meter (£504 per sq foot).
The average size of a house on WITAN GATE is 57 sq meters (620 sq feet).