£451,570
This estimated value is based upon the latest sale price for the house of £290,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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K2, Timbold Drive, Kents Hill, Milton Keynes, MK7 6BZ
Phone: 01908942975
Price Paid | Date |
---|---|
£290,000 | 24 Apr 2014 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,240 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 April 2014 the House Price Index for MILTON KEYNES was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £290,000 results in an estimated price of approximately £451,570.
24 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £290,000 | £161,570 | £451,570 |
The Postcode Pricing Model uses changes in average sales price within the MK6 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 | 29.328 % | £85,050 | £375,050 |
3 Month Average | 64.393 % | £186,738 | £476,738 |
6 Month Average | 61.152 % | £177,339 | £467,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £151,633 | £150,000 | 20 WARREN BANK |
30 Mar 2022 | £492,225 | £475,000 | 29 HANMER ROAD |
4 Nov 2021 | £369,878 | £342,000 | 15 LISSEL ROAD |
10 Sep 2021 | £339,442 | £315,000 | 426 SIMPSON ROAD |
11 Aug 2021 | £504,983 | £452,650 | 394 SIMPSON |
This house has a floor area of 115 sq meters or 1,240 sq feet when measured on 28 Apr 2010. Using an estimated price of £451,570 means this house is valued at £3,918 per sq meter (£364 per sq foot).
The average size of a house on SIMPSON is 123 sq meters (1,324 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Simpson Drive |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Public order | Under investigation | On or near Abbey Road |
Jan 2024 | Public order | Under investigation | On or near Abbey Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbey Road |