£675,109
This estimated value is based upon the latest sale price for the house of £575,500 on 19 Oct 2020. 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 Milesmere
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42 Stratford Road, Wolverton, Milton Keynes, MK12 5LW
Phone: 01908942453
| Price Paid | Date |
|---|---|
| £575,500 | 19 Oct 2020 |
| £145,000 | 7 Jun 2000 |
| £115,000 | 26 Jun 1998 |
| 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 2020 the House Price Index for MILTON KEYNES was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £575,500 results in an estimated price of approximately £675,109.
| 19 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £575,500 | £99,609 | £675,109 |
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 | 37.877 % | £217,982 | £793,482 |
| 3 Month Average | 12.723 % | £73,221 | £648,721 |
| 6 Month Average | -5.965 % | £-34,329 | £541,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £524,171 | £515,000 | 2 THORNCLIFFE |
| 18 Aug 2023 | £590,163 | £585,000 | 5 MILESMERE |
| 14 Aug 2023 | £517,528 | £513,000 | 5 FENNYMERE |
| 14 Jul 2023 | £643,663 | £635,000 | 5 SEDGEMERE |
| 28 Apr 2023 | £636,857 | £630,000 | 22 THE HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Milesmere |
| Jan 2024 | Burglary | Under investigation | On or near Stone Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burewelle |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burewelle |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burewelle |