£62,505
This estimated value is based upon the latest sale price for the house of £18,850 on 14 Aug 2001. 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 Drummound Hay
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Lovat Bank, 37 Silver street, Newport Pagnell, MK16 0EJ
Phone: 01707684890
| Price Paid | Date |
|---|---|
| £18,850 | 14 Aug 2001 |
| Terraced |
| Leasehold |
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 August 2001 the House Price Index for MILTON KEYNES was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £18,850 results in an estimated price of approximately £62,505.
| 14 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £18,850 | £43,655 | £62,505 |
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 | 281.858 % | £53,130 | £71,980 |
| 3 Month Average | 146.038 % | £27,528 | £46,378 |
| 6 Month Average | 220.841 % | £41,628 | £60,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £257,230 | £260,000 | 12 PORTLAND DRIVE |
| 31 Jan 2022 | £177,857 | £169,000 | 5 DRUMMOND HAY |
| 29 Jan 2021 | £1,158,441 | £1,015,000 | WILLEN VILLAGE SURGERY BEAUFORT DRIVE |
| 4 Dec 2020 | £330,541 | £288,000 | 26 WHITSUN PASTURE |
| 6 Nov 2020 | £223,176 | £192,500 | 11 LANDSBOROUGH GATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Drummound Hay |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Amherst Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abraham Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitsun Pasture |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shipman Court |