£694,521
This estimated value is based upon the latest sale price for the house of £702,000 on 7 Oct 2022. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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11 Furzton Lake, Shirwell Crescent, Furzton, MK4 1GA
Phone: 01908942581
| Price Paid | Date |
|---|---|
| £702,000 | 7 Oct 2022 |
| 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 October 2022 the House Price Index for MILTON KEYNES was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £702,000 results in an estimated price of approximately £694,521.
| 7 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £702,000 | £-7,478 | £694,521 |
The Postcode Pricing Model uses changes in average sales price within the MK5 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 | -17.861 % | £-125,383 | £576,616 |
| 3 Month Average | -10.221 % | £-71,752 | £630,247 |
| 6 Month Average | -10.226 % | £-71,785 | £630,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £354,775 | £350,000 | 4 PITCHER LANE |
| 12 Jun 2023 | £880,668 | £870,000 | 84 REDLAND DRIVE |
| 7 Oct 2022 | £694,522 | £702,000 | 15 LEYS ROAD |
| 4 Aug 2022 | £723,054 | £725,000 | OLD SCHOOL SCHOOL LANE |
| 17 Feb 2022 | £1,441,955 | £1,375,000 | THE OLD RECTORY PITCHER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Pitcher Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Catesby Croft |
| Jan 2024 | Burglary | Under investigation | On or near Cottage Common |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Green |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Church Lane |