£525,670
This estimated value is based upon the latest sale price for the house of £340,000 on 9 May 2014. 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 |
|---|---|
| £340,000 | 9 May 2014 |
| £310,000 | 7 Jul 2010 |
| £259,995 | 1 Aug 2003 |
| £93,500 | 27 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,110 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 2014 the House Price Index for MILTON KEYNES was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £340,000 results in an estimated price of approximately £525,670.
| 9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £340,000 | £185,670 | £525,670 |
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 | 43.269 % | £147,114 | £487,114 |
| 3 Month Average | 23.835 % | £81,040 | £421,040 |
| 6 Month Average | 50.936 % | £173,181 | £513,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £240,000 | £240,000 | 18 RIVETTS CLOSE |
| 25 Aug 2023 | £489,280 | £485,000 | 11 OXLEYS |
| 27 Feb 2023 | £599,597 | £600,000 | 5 GUINEA ORCHARD |
| 27 Feb 2023 | £499,664 | £500,000 | 14 OXLEYS |
| 9 Sep 2022 | £471,195 | £475,000 | 11 CHERRY ORCHARD |
This house has a floor area of 103 sq meters or 1,110 sq feet when measured on 10 Feb 2010. Using an estimated price of £525,670 means this house is valued at £5,095 per sq meter (£473 per sq foot).
The average size of a house on OXLEYS is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Cherry Orchard |
| Jan 2024 | Anti-social behaviour | On or near Guinea Orchard | |
| Jan 2024 | Anti-social behaviour | On or near Guinea Orchard | |
| Jan 2024 | Anti-social behaviour | On or near Guinea Orchard | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dickens Spinney |