£516,410
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Aug 2013. 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 |
|---|---|
| £310,000 | 8 Aug 2013 |
| £84,000 | 17 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 August 2013 the House Price Index for MILTON KEYNES was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £310,000 results in an estimated price of approximately £516,410.
| 8 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £310,000 | £206,410 | £516,410 |
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 | 68.354 % | £211,897 | £521,897 |
| 3 Month Average | 78.432 % | £243,139 | £553,139 |
| 6 Month Average | 61.072 % | £189,324 | £499,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £644,768 | £634,000 | 8 THE PYGHTLE |
| 22 Feb 2023 | £684,573 | £680,000 | 4 THE PYGHTLE |
| 20 Jan 2023 | £325,871 | £325,000 | 36 SPRING LANE |
| 27 Jul 2022 | £580,820 | £575,000 | 12 THE PYGHTLE |
| 7 Apr 2022 | £923,306 | £890,000 | 8 ORCHARD RISE |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 3 Oct 2012. Using an estimated price of £516,411 means this house is valued at £3,002 per sq meter (£278 per sq foot).
The average size of a house on SPRING LANE is 145 sq meters (1,565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hipwell Court |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Hipwell Court |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Oakdown Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |