£426,296
This estimated value is based upon the latest sale price for the house of £365,000 on 11 Nov 2020. 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 |
---|---|
£365,000 | 11 Nov 2020 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 November 2020 the House Price Index for MILTON KEYNES was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £365,000 results in an estimated price of approximately £426,296.
11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £365,000 | £61,296 | £426,296 |
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 | 62.088 % | £226,619 | £591,619 |
3 Month Average | -15.869 % | £-57,920 | £307,079 |
6 Month Average | -13.828 % | £-50,473 | £314,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £453,949 | £440,000 | 8 JOHNSONS FIELD |
1 Dec 2023 | £541,644 | £525,000 | 24 JOHNSONS FIELD |
27 May 2022 | £374,763 | £365,000 | 18 WEST SIDE RISE |
19 Oct 2021 | £328,827 | £295,000 | 28 ELMLEA DRIVE |
30 Jun 2021 | £356,686 | £330,000 | 75 WEST SIDE RISE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Aug 2020. Using an estimated price of £426,296 means this house is valued at £5,262 per sq meter (£488 per sq foot).
The average size of a house on JOHNSONS FIELD is 136 sq meters (1,471 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dickens Spinney |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Dickens Spinney |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near St Josephs Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivetts Close |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Spinney Hill Road |