£322,374
This estimated value is based upon the latest sale price for the house of £271,500 on 4 Sep 2020. 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 |
|---|---|
| £271,500 | 4 Sep 2020 |
| £170,000 | 31 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 781 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 2020 the House Price Index for MILTON KEYNES was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £271,500 results in an estimated price of approximately £322,374.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £271,500 | £50,874 | £322,374 |
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 | -34.971 % | £-94,945 | £176,554 |
| 3 Month Average | -24.715 % | £-67,102 | £204,397 |
| 6 Month Average | -2.101 % | £-5,703 | £265,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,297,706 | £1,275,000 | 95 WESTON ROAD |
| 14 Jul 2023 | £191,578 | £189,000 | 18 HIPWELL COURT |
| 3 Jul 2023 | £285,847 | £282,000 | 44 HIPWELL COURT |
| 20 Mar 2023 | £446,709 | £442,500 | 6 STONEMASONS CLOSE |
| 1 Mar 2023 | £358,376 | £355,000 | 60 HIPWELL COURT |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 29 Oct 2010. Using an estimated price of £322,374 means this house is valued at £4,440 per sq meter (£412 per sq foot).
There is one other house on the street which we know the size of, this is 19 OAKDOWN CRESCENT it is 89.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stonemasons Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |