£98,880
This estimated value is based upon the latest sale price for the house of £86,000 on 8 Jan 2021. 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 |
|---|---|
| £86,000 | 8 Jan 2021 |
| £72,000 | 18 Dec 2007 |
| £113,666 | 22 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2021 the House Price Index for MILTON KEYNES was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £86,000 results in an estimated price of approximately £98,880.
| 8 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 149.7 | 14.977 % | £86,000 | £12,880 | £98,880 |
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 | 47.952 % | £41,238 | £127,238 |
| 3 Month Average | 13.199 % | £11,350 | £97,350 |
| 6 Month Average | -5.974 % | £-5,137 | £80,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £264,956 | £260,000 | 14 KIPPELL HILL |
| 21 Oct 2022 | £448,502 | £450,000 | 28 WOODPITS LANE |
| 29 Jul 2022 | £94,951 | £94,000 | 22 SLATEPITS CROFT |
| 8 Apr 2022 | £295,665 | £285,000 | 5 KIPPELL HILL |
| 11 Nov 2021 | £435,808 | £400,000 | 16 KIPPELL HILL |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 18 Dec 2019. Using an estimated price of £98,880 means this house is valued at £1,734 per sq meter (£161 per sq foot).
The average size of a house on SLATEPITS CROFT is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B5388 |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slatepits Croft |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slatepits Croft |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Rabans Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rabans Close |