£483,772
This estimated value is based upon the latest sale price for the house of £385,000 on 31 May 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 |
|---|---|
| £385,000 | 31 May 2018 |
| £305,000 | 11 Apr 2014 |
| £245,000 | 18 Sep 2009 |
| £116,500 | 27 Jun 1997 |
| £88,000 | 16 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2018 the House Price Index for MILTON KEYNES was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £385,000 results in an estimated price of approximately £483,772.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £385,000 | £98,772 | £483,772 |
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 | 42.145 % | £162,260 | £547,260 |
| 3 Month Average | 33.216 % | £127,881 | £512,881 |
| 6 Month Average | 6.470 % | £24,911 | £409,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £253,901 | £250,000 | 6 ANDING CLOSE |
| 21 Mar 2024 | £238,667 | £235,000 | 21 ANDING CLOSE |
| 15 Dec 2023 | £288,877 | £280,000 | 8 DICKENS SPINNEY |
| 30 Oct 2023 | £206,694 | £202,000 | 10 DICKENS SPINNEY |
| 15 Sep 2023 | £178,945 | £175,000 | 59 SILLSWOOD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Feb 2014. Using an estimated price of £483,773 means this house is valued at £5,316 per sq meter (£493 per sq foot).
The average size of a house on WHITMEES CLOSE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Long Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Long Lane |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Anding Close |
| Jul 2024 | Anti-social behaviour | On or near Anding Close |