£242,196
This estimated value is based upon the latest sale price for the house of £122,500 on 25 Jun 2004. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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2 Stratford Road Wolverton, Milton Keynes, MK12 5LJ
Phone: 01908942532
| Price Paid | Date |
|---|---|
| £122,500 | 25 Jun 2004 |
| Terraced |
| 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 June 2004 the House Price Index for MILTON KEYNES was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £122,500 results in an estimated price of approximately £242,196.
| 25 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £122,500 | £119,696 | £242,196 |
The Postcode Pricing Model uses changes in average sales price within the MK12 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 | 76.161 % | £93,297 | £215,797 |
| 3 Month Average | 133.420 % | £163,439 | £285,939 |
| 6 Month Average | 128.073 % | £156,888 | £279,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £277,427 | £275,000 | 34 MYRTLE BANK |
| 14 Jul 2023 | £270,643 | £267,000 | 7 SOUTHERN WAY |
| 7 Jul 2023 | £278,752 | £275,000 | 47 MYRTLE BANK |
| 9 Jun 2023 | £265,213 | £262,000 | 1 ALDERMEAD |
| 5 Apr 2023 | £251,710 | £249,000 | 29 MYRTLE BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Bank |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Myrtle Bank |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Myrtle Bank |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Myrtle Bank |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burtree Close |