£516,166
This estimated value is based upon the latest sale price for the house of £230,500 on 13 Oct 2003. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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2 Stratford Road Wolverton, Milton Keynes, MK12 5LJ
Phone: 01908942532
| Price Paid | Date |
|---|---|
| £230,500 | 13 Oct 2003 |
| £110,000 | 24 Jun 1997 |
| 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 October 2003 the House Price Index for MILTON KEYNES was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £230,500 results in an estimated price of approximately £516,166.
| 13 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £230,500 | £285,666 | £516,166 |
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 | 320.425 % | £738,580 | £969,080 |
| 3 Month Average | 233.635 % | £538,529 | £769,029 |
| 6 Month Average | 164.359 % | £378,848 | £609,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £511,541 | £505,000 | 28 PYKE HAYES |
| 16 Jun 2023 | £657,970 | £650,000 | 5 PYKE HAYES |
| 28 Mar 2023 | £78,742 | £78,000 | 33 ELLESBOROUGH GROVE |
| 18 Jul 2022 | £596,606 | £595,000 | 3 THE HYTHE |
| 3 Sep 2021 | £74,354 | £69,000 | 14 ELLESBOROUGH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pyke Hayes |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ellesborough Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ellesborough Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ellesborough Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellesborough Grove |