£325,912
This estimated value is based upon the latest sale price for the house of £262,000 on 27 Jun 2018. 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 |
|---|---|
| £262,000 | 27 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2018 the House Price Index for MILTON KEYNES was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £262,000 results in an estimated price of approximately £325,912.
| 27 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £262,000 | £63,912 | £325,912 |
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 | -11.480 % | £-30,077 | £231,922 |
| 3 Month Average | -7.630 % | £-19,991 | £242,008 |
| 6 Month Average | 9.581 % | £25,101 | £287,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £340,966 | £335,000 | 38 DAGNALL ROAD |
| 13 Sep 2023 | £303,885 | £300,000 | 24 SPINNEY HILL ROAD |
| 7 Sep 2023 | £683,742 | £675,000 | 89 WESTON ROAD |
| 4 Aug 2023 | £332,912 | £330,000 | 29 DAGNALL ROAD |
| 1 Aug 2023 | £348,045 | £345,000 | 110 WESTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Feb 2018. Using an estimated price of £325,913 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on SPINNEY HILL ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Spinney Hill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spinney Hill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beech Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beech Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stone Pit Close |