£395,476
This estimated value is based upon the latest sale price for the house of £367,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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500 Silbury Boulevard, Milton Keynes, MK9 2AD
Phone: 01280488546
Price Paid | Date |
---|---|
£367,000 | 30 Sep 2021 |
£215,000 | 24 Mar 2010 |
Detached |
Freehold |
Floor Area: 86 sq meters or 927 sq feet |
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 September 2021 the House Price Index for MILTON KEYNES was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £367,000 results in an estimated price of approximately £395,476.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £367,000 | £28,476 | £395,476 |
The Postcode Pricing Model uses changes in average sales price within the MK14 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 | 16.256 % | £59,658 | £426,658 |
3 Month Average | 20.566 % | £75,475 | £442,475 |
6 Month Average | 6.264 % | £22,990 | £389,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £437,658 | £430,000 | 1 PENNING CLOSE |
27 Jul 2023 | £334,502 | £330,000 | 103 SELKIRK DRIVE |
23 Jun 2023 | £115,145 | £113,750 | 23 CHEVIOT GARDENS |
10 Feb 2023 | £467,685 | £468,000 | 189 SELKIRK DRIVE |
28 Jul 2022 | £551,485 | £550,000 | 26 FAIR ISLE VIEW |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 9 Feb 2010. Using an estimated price of £395,476 means this house is valued at £4,587 per sq meter (£426 per sq foot).
The average size of a house on PENNING CLOSE is 135 sq meters (1,461 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Fair Isle View |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinners Walk |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Garnett Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Garnett Way |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Garnett Way |