£395,098
This estimated value is based upon the latest sale price for the house of £262,500 on 26 Sep 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 |
|---|---|
| £262,500 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2014 the House Price Index for MILTON KEYNES was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £262,500 results in an estimated price of approximately £395,098.
| 26 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £262,500 | £132,598 | £395,098 |
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 | 4.042 % | £10,609 | £273,109 |
| 3 Month Average | 9.727 % | £25,534 | £288,034 |
| 6 Month Average | 51.905 % | £136,249 | £398,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £312,736 | £310,000 | 10 NEWTON STREET |
| 22 Mar 2023 | £1,206,365 | £1,195,000 | 81 MIDLAND ROAD |
| 26 Aug 2022 | £436,326 | £437,500 | 27 NEWTON STREET |
| 19 Aug 2022 | £401,918 | £403,000 | 2 NEWTON STREET |
| 29 Jul 2022 | £401,080 | £400,000 | 22 COWPER STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Jul 2014. Using an estimated price of £395,099 means this house is valued at £4,489 per sq meter (£417 per sq foot).
The average size of a house on MIDLAND ROAD is 157 sq meters (1,694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swan Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swan Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Swan Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowper Street |