£298,171
This estimated value is based upon the latest sale price for the house of £85,500 on 9 Apr 2001. This value is then adjusted by the current Official House Price Index for MILTON KEYNES 1
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6 West Street, Olney, MK46 5HR
Phone: 01234677708
Price Paid | Date |
---|---|
£85,500 | 9 Apr 2001 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 April 2001 the House Price Index for MILTON KEYNES was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £85,500 results in an estimated price of approximately £298,171.
9 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 149.7 | 248.739 % | £85,500 | £212,671 | £298,171 |
The Postcode Pricing Model uses changes in average sales price within the MK46 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 | 187.978 % | £160,721 | £246,221 |
3 Month Average | 241.269 % | £206,284 | £291,784 |
6 Month Average | 207.367 % | £177,298 | £262,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £243,745 | £240,000 | 18 RIVETTS CLOSE |
25 Aug 2023 | £493,908 | £485,000 | 11 OXLEYS |
27 Feb 2023 | £503,362 | £500,000 | 14 OXLEYS |
27 Feb 2023 | £604,035 | £600,000 | 5 GUINEA ORCHARD |
9 Sep 2022 | £474,683 | £475,000 | 11 CHERRY ORCHARD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Mar 2020. Using an estimated price of £298,172 means this house is valued at £5,140 per sq meter (£477 per sq foot).
The average size of a house on OXLEYS is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivetts Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dickens Spinney |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Maybush Walk |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Dinglederry |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Long Lane |