£71,558
This estimated value is based upon the latest sale price for the house of £57,500 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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302 South Row, Milton Keynes, MK9 2FR
Phone: 01280466933
| Price Paid | Date |
|---|---|
| £57,500 | 28 Jan 2019 |
| 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 January 2019 the House Price Index for MILTON KEYNES was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £57,500 results in an estimated price of approximately £71,558.
| 28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £57,500 | £14,058 | £71,558 |
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 | 22.987 % | £13,217 | £70,717 |
| 3 Month Average | 34.844 % | £20,035 | £77,535 |
| 6 Month Average | 8.027 % | £4,615 | £62,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £61,902 | £60,000 | FLAT 14 QUARTZ HOUSE, 7 MERRIVALE MEWS |
| 26 Jan 2023 | £295,790 | £295,000 | FLAT 34 PEARL HOUSE, 10 MERRIVALE MEWS |
| 7 Jan 2022 | £307,458 | £290,000 | FLAT 61 PEARL HOUSE, 10 MERRIVALE MEWS |
| 6 Nov 2020 | £268,625 | £230,000 | FLAT 14 PEARL HOUSE, 10 MERRIVALE MEWS |
| 23 Aug 2019 | £281,406 | £227,000 | FLAT 56 SAPPHIRE HOUSE, 315 SOUTH ROW |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 14 Jan 2019. Using an estimated price of £71,559 means this house is valued at £1,490 per sq meter (£138 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 | Shoplifting | Under investigation | On or near Parking Area |