£329,296
This estimated value is based upon the latest sale price for the house of £210,950 on 11 Sep 2007. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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Regency Court, 224 Upper Fifth Street, Milton Keynes, MK9 2HR
Phone: 01908942131
Price Paid | Date |
---|---|
£210,950 | 11 Sep 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2007 the House Price Index for MILTON KEYNES was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £210,950 results in an estimated price of approximately £329,296.
11 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £210,950 | £118,346 | £329,296 |
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 | -53.793 % | £-113,476 | £97,473 |
3 Month Average | 19.629 % | £41,407 | £252,357 |
6 Month Average | 28.339 % | £59,781 | £270,731 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £188,295 | £185,000 | 75 DAKOTA HOUSE, 50 MORTIMER SQUARE |
30 Nov 2022 | £202,547 | £205,000 | 27 DAKOTA HOUSE, 50 MORTIMER SQUARE |
30 Sep 2021 | £67,350 | £62,500 | 8 DAKOTA HOUSE, 50 MORTIMER SQUARE |
6 May 2021 | £183,022 | £161,961 | 25 MORTIMER SQUARE |
1 May 2020 | £244,630 | £199,995 | 46 DAKOTA HOUSE, 50 MORTIMER SQUARE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 11 Oct 2012. Using an estimated price of £329,296 means this house is valued at £6,720 per sq meter (£624 per sq foot).
The average size of a house on MORTIMER SQUARE is 51 sq meters (556 sq feet).