Full Address

402 - 404 MIDSUMMER BOULEVARD
CENTRAL MILTON KEYNES
MILTON KEYNES
MILTON KEYNES
UNITED KINGDOM
MK9 2EA

Estimated Market Value

£107,473

This estimated value is based upon the latest sale price for the house of £100,000 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for MILTON KEYNES1

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Transactions for this house
Price PaidDate
£100,00011 Mar 2016
House Details
Leasehold

House Price Models

Land Registry House Price Index Model

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 March 2016 the House Price Index for MILTON KEYNES was 118.7.

The House Price Index as of 1 Dec 2019 is 127.6 which is a change of 7.473%.

Applying this 7.473% change to the original purchase price of £100,000 gives us an estimated price now of around £107,472.

11 Mar 2016 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
118.7 127.6 7.473 % £100,000 £7,472 £107,472

The Postcode Pricing Model uses changes in average sales price within the MK9 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 5462.003 % £5,462,002 £5,562,002
3 Month Average 55.817 % £55,816 £155,816
6 Month Average 24.239 % £24,238 £124,238

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2016 the average sale price for the 50 nearest sales within three miles of 402 - 404 MIDSUMMER BOULEVARD was £199,232.

In September 2020 the average sale price for the 2 nearest sales was £167,481. This is a change of -15.937%.

So taking the original purchase price of £100,000 and adjusting it by -15.937% gives an estimated price of £84,063.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 11 Mar 2016 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£199,232 £167,481 -15.937 % £100,000 £-15,936 £84,063
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
11 Sep 2019 £243,928 £239,995 FLAT 32 AMETHYST HOUSE, 602 SOUTH FIFTH STREET
15 Aug 2019 £183,159 £180,000 20 DAKOTA HOUSE, 50 MORTIMER SQUARE
12 Jun 2019 £224,492 £217,500 FLAT 7 CHARTER HOUSE, 426 AVEBURY BOULEVARD
29 Mar 2019 £189,860 £182,000 27 BROOKLYN HOUSE, 31 RILLATON WALK
30 Nov 2018 £62,985 £62,500 21 BROOKLYN HOUSE, 31 RILLATON WALK

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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