£559,969
This estimated value is based upon the latest sale price for the house of £425,000 on 15 Nov 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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48 North Twelfth Street, Milton Keynes, MK9 3BT
Phone: 01908713061
| Price Paid | Date |
|---|---|
| £425,000 | 15 Nov 2016 |
| Detached |
| Freehold |
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 2016 the House Price Index for MILTON KEYNES was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £425,000 results in an estimated price of approximately £559,969.
| 15 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £425,000 | £134,969 | £559,969 |
The Postcode Pricing Model uses changes in average sales price within the MK15 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 | 24.840 % | £105,570 | £530,570 |
| 3 Month Average | -8.266 % | £-35,130 | £389,869 |
| 6 Month Average | 24.725 % | £105,081 | £530,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £569,973 | £560,000 | 17 SKEATS WHARF |
| 22 Sep 2023 | £403,155 | £398,000 | 20 LONGCROSS |
| 12 Apr 2023 | £454,898 | £450,000 | 13 BROADPIECE |
| 23 Mar 2023 | £328,091 | £325,000 | 36 LEOPARD DRIVE |
| 28 Feb 2023 | £219,852 | £220,000 | 6 LONGCROSS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longcross |
| Jan 2024 | Drugs | Local resolution | On or near Broad Piece |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bodle Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Carolus Creek |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Noble Close |