£471,746
This estimated value is based upon the latest sale price for the house of £199,995 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Sovereign Court, 213 Witan Gate, Milton Keynes, MK9 2HP
Phone: 01908951195
| Price Paid | Date |
|---|---|
| £199,995 | 30 Jun 2003 |
| 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 June 2003 the House Price Index for MILTON KEYNES was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £199,995 results in an estimated price of approximately £471,746.
| 30 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £199,995 | £271,751 | £471,746 |
The Postcode Pricing Model uses changes in average sales price within the MK5 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 | 116.131 % | £232,255 | £432,250 |
| 3 Month Average | 92.816 % | £185,626 | £385,621 |
| 6 Month Average | 108.143 % | £216,281 | £416,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £459,016 | £455,000 | 13 FARNELL COURT |
| 12 Jun 2023 | £880,668 | £870,000 | 84 REDLAND DRIVE |
| 31 Mar 2023 | £959,035 | £950,000 | 6 HUGH PARKE CLOSE |
| 29 Apr 2022 | £1,132,779 | £1,100,000 | 67 REDLAND DRIVE |
| 16 Mar 2022 | £1,370,975 | £1,323,000 | 30 REDLAND DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Knowl Gate |