£437,400
This estimated value is based upon the latest sale price for the house of £240,000 on 31 Oct 2005. 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 |
---|---|
£240,000 | 31 Oct 2005 |
£225,000 | 24 May 2005 |
£145,000 | 25 Sep 2000 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,292 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 October 2005 the House Price Index for MILTON KEYNES was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £240,000 results in an estimated price of approximately £437,400.
31 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £240,000 | £197,400 | £437,400 |
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 | 56.846 % | £136,430 | £376,430 |
3 Month Average | 35.783 % | £85,878 | £325,878 |
6 Month Average | 70.629 % | £169,510 | £409,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £177,267 | £175,000 | 59 SILLSWOOD |
25 Aug 2023 | £368,221 | £365,000 | 1 COURT CORNER |
31 Jul 2023 | £359,843 | £355,000 | 67 SILLSWOOD |
8 Jun 2023 | £323,924 | £320,000 | 22 SILLSWOOD |
17 Feb 2023 | £289,805 | £290,000 | 24 ANDING CLOSE |
This house has a floor area of 120 sq meters or 1,292 sq feet when measured on 4 Nov 2011. Using an estimated price of £437,401 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on SILLSWOOD is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Dickens Spinney |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dickens Spinney |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sillswood |
Mar 2024 | Other crime | Under investigation | On or near Long Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Lane |