£475,967
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Jan 2004. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
There has been one burglary within the last year on or near Newark Court
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K2, Timbold Drive, Kents Hill, Milton Keynes, MK7 6BZ
Phone: 01908942975
| Price Paid | Date |
|---|---|
| £225,000 | 26 Jan 2004 |
| £117,000 | 12 Nov 1999 |
| £82,995 | 15 Nov 1996 |
| 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 January 2004 the House Price Index for MILTON KEYNES was 69.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 111.541%.Applying this 111.541% change to the original purchase price of £225,000 results in an estimated price of approximately £475,967.
| 26 Jan 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 146.7 | 111.541 % | £225,000 | £250,967 | £475,967 |
The Postcode Pricing Model uses changes in average sales price within the MK7 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 | 108.333 % | £243,750 | £468,750 |
| 3 Month Average | 98.947 % | £222,629 | £447,629 |
| 6 Month Average | 135.595 % | £305,089 | £530,089 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newark Court |
| Mar 2024 | Burglary | Under investigation | On or near Newark Court |
| Dec 2023 | Anti-social behaviour | On or near Newark Court | |
| Dec 2023 | Anti-social behaviour | On or near Newark Court | |
| Dec 2023 | Anti-social behaviour | On or near Newark Court |