£944,244
This estimated value is based upon the latest sale price for the house of £249,750 on 19 Jun 2000. 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 |
|---|---|
| £249,750 | 19 Jun 2000 |
| Detached |
| Freehold |
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 June 2000 the House Price Index for MILTON KEYNES was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £249,750 results in an estimated price of approximately £944,244.
| 19 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 149.7 | 278.076 % | £249,750 | £694,494 | £944,244 |
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 | 420.997 % | £1,051,439 | £1,301,189 |
| 3 Month Average | 216.014 % | £539,496 | £789,246 |
| 6 Month Average | 202.533 % | £505,825 | £755,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £270,000 | £270,000 | 25 HIPWELL COURT |
| 1 Mar 2023 | £361,029 | £355,000 | 60 HIPWELL COURT |
| 20 Jan 2023 | £325,871 | £325,000 | 36 SPRING LANE |
| 26 Apr 2022 | £497,963 | £480,000 | 54 HIPWELL COURT |
| 14 Apr 2022 | £295,665 | £285,000 | 48 HIPWELL COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Hipwell Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hipwell Court |
| Jun 2024 | Drugs | Local resolution | On or near Supermarket |
| May 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |