£182,071
This estimated value is based upon the latest sale price for the house of £175,700 on 3 Mar 2022. 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 |
|---|---|
| £175,700 | 3 Mar 2022 |
| £50,000 | 23 Nov 2012 |
| £60,000 | 18 Apr 2008 |
| 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 March 2022 the House Price Index for MILTON KEYNES was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £175,700 results in an estimated price of approximately £182,071.
| 3 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £175,700 | £6,371 | £182,071 |
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 | -32.567 % | £-57,220 | £118,479 |
| 3 Month Average | -25.145 % | £-44,180 | £131,519 |
| 6 Month Average | 22.566 % | £39,648 | £215,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £265,501 | £263,000 | 5 PHILLIMORE CLOSE |
| 22 Nov 2022 | £634,811 | £642,500 | 9 WILLEN PARK AVENUE |
| 23 Mar 2022 | £246,112 | £237,500 | 26 BELLS MEADOW |
| 21 Mar 2022 | £136,787 | £132,000 | 28 HOBART CRESCENT |
| 3 Mar 2022 | £182,071 | £175,700 | 1 PRESTON COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Phillimore Close |
| Dec 2023 | Burglary | Under investigation | On or near Hobart Crescent |
| Dec 2023 | Burglary | Under investigation | On or near Hobart Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Bernay Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bernay Gardens |