£485,908
This estimated value is based upon the latest sale price for the house of £382,500 on 12 May 2017. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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91a High Street, Newport Pagnell, MK16 8EN
Phone: 01908711246
Price Paid | Date |
---|---|
£382,500 | 12 May 2017 |
£272,500 | 21 Aug 2015 |
£109,995 | 8 Dec 1997 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 May 2017 the House Price Index for MILTON KEYNES was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £382,500 results in an estimated price of approximately £485,908.
12 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 146.7 | 27.035 % | £382,500 | £103,408 | £485,908 |
The Postcode Pricing Model uses changes in average sales price within the MK16 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 | 20.140 % | £77,033 | £459,533 |
3 Month Average | -8.444 % | £-32,297 | £350,202 |
6 Month Average | 7.651 % | £29,265 | £411,765 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 24 Mar 2010.
The average size of a house on PENNYCRESS WAY is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
Jan 2024 | Anti-social behaviour | On or near Pennycress Way | |
Dec 2023 | Burglary | Unable to prosecute suspect | On or near Charlock Court |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Huxley Close |