£322,079
This estimated value is based upon the latest sale price for the house of £188,500 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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350 Avebury Boulevard, Milton Keynes, MK9 2JH
Phone: 01908951361
Price Paid | Date |
---|---|
£188,500 | 1 Jun 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 June 2012 the House Price Index for MILTON KEYNES was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £188,500 results in an estimated price of approximately £322,079.
1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £188,500 | £133,579 | £322,079 |
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 | -5.898 % | £-11,117 | £177,382 |
3 Month Average | 73.877 % | £139,258 | £327,758 |
6 Month Average | 47.722 % | £89,956 | £278,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £242,450 | £235,000 | 791 SOUTH FIFTH STREET |
12 Aug 2022 | £215,005 | £214,000 | FLAT 21 OPAL HOUSE, 4 MERRIVALE MEWS |
24 Jul 2020 | £521,370 | £428,000 | FLAT 45 AMETHYST HOUSE, 602 SOUTH FIFTH STREET |
20 Dec 2019 | £315,141 | £255,000 | FLAT 27 RUBY HOUSE, 5 MERRIVALE MEWS |
18 Dec 2019 | £333,678 | £270,000 | FLAT 14 OPAL HOUSE, 4 MERRIVALE MEWS |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Apr 2012. Using an estimated price of £322,080 means this house is valued at £6,193 per sq meter (£575 per sq foot).
The average size of a house on MERRIVALE MEWS is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Hospital |
Oct 2024 | Vehicle crime | Under investigation | On or near Hospital |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Hospital |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |