£788,162
This estimated value is based upon the latest sale price for the house of £775,000 on 1 Mar 2023. 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 |
---|---|
£775,000 | 1 Mar 2023 |
£420,000 | 1 Jul 2009 |
£338,000 | 28 Apr 2005 |
£140,000 | 27 Aug 1999 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,475 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 March 2023 the House Price Index for MILTON KEYNES was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £775,000 results in an estimated price of approximately £788,162.
1 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £775,000 | £13,162 | £788,162 |
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 | -29.816 % | £-231,073 | £543,926 |
3 Month Average | -17.088 % | £-132,433 | £642,566 |
6 Month Average | -20.657 % | £-160,093 | £614,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £281,322 | £277,000 | 9 MIDLAND ROAD |
4 Aug 2023 | £315,694 | £310,000 | 10 NEWTON STREET |
1 Jun 2023 | £316,339 | £310,000 | 45 WARWICK TERRACE |
28 Apr 2023 | £876,392 | £860,000 | 4 MIDLAND ROAD |
22 Mar 2023 | £401,709 | £395,000 | 146 EAST STREET |
This house has a floor area of 137 sq meters or 1,475 sq feet when measured on 3 Apr 2009. Using an estimated price of £788,162 means this house is valued at £5,748 per sq meter (£534 per sq foot).
The average size of a house on MIDLAND ROAD is 157 sq meters (1,694 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Street |
May 2024 | Anti-social behaviour | On or near Newton Street | |
May 2024 | Anti-social behaviour | On or near Newton Street | |
May 2024 | Anti-social behaviour | On or near Newton Street |