Full Address

18 BERCHAM
TWO MILE ASH
MILTON KEYNES
MILTON KEYNES
UNITED KINGDOM
MK8 8HX

Estimated Market Value

£123,251

This estimated value is based upon the latest sale price for the house of £31,000 on 20 Nov 1998. This value is then adjusted by the current Official House Price Index for MILTON KEYNES1

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Transactions for this house
Price PaidDate
£31,00020 Nov 1998
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 1998 the House Price Index for MILTON KEYNES was 30.1.

The House Price Index as of 1 Sep 2016 is 119.7 which is a change of 297.583%.

Applying this 297.583% change to the original purchase price of £31,000 gives us an estimated price now of around £123,250.

20 Nov 1998 1 Sep 2016 % change Purchase Price Gain / Loss Estimated Price
30.1 119.7 297.583 % £31,000 £92,250 £123,250

The Postcode Pricing Model uses changes in average sales price within the MK8 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 358.896 % £111,257 £142,257
3 Month Average 231.685 % £71,822 £102,822
6 Month Average 329.182 % £102,046 £133,046

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In November 1998 the average sale price for the 50 nearest sales within two miles of 18 BERCHAM was £66,258.

In October 2016 the average sale price for the 50 nearest sales was £270,702. This is a change of 308.557%.

So taking the original purchase price of £31,000 and adjusting it by 308.557% gives an estimated price of £126,652.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 20 Nov 1998 Average price on 31 Oct 2016 % change Purchase Price Gain / Loss Estimated Price
£66,258 £270,702 308.557 % £31,000 £95,652 £126,652
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
1 Sep 2016 £85,000 £85,000 1 BERCHAM
8 Jul 2016 £120,545 £123,000 12 BERCHAM
1 Jul 2016 £125,446 £128,000 60 DOWNLAND
1 Apr 2016 £113,101 £112,500 42 HALDENE
30 Oct 2015 £129,590 £120,000 46 HALDENE

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Recent Crimes Near Here
DateCrimeOutcomeWhere
Oct 2016 Bicycle theft Investigation complete; no suspect identified On or near Bercham
Oct 2016 Anti-social behaviour On or near Bercham
Aug 2016 Violence and sexual offences Unable to prosecute suspect On or near Norrington
Aug 2016 Criminal damage and arson Suspect charged On or near Norrington
Aug 2016 Violence and sexual offences Under investigation On or near Norrington

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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