£434,624
This estimated value is based upon the latest sale price for the house of £292,500 on 12 Sep 2014. 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 |
|---|---|
| £292,500 | 12 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2014 the House Price Index for MILTON KEYNES was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £292,500 results in an estimated price of approximately £434,624.
| 12 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £292,500 | £142,124 | £434,624 |
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 | -23.252 % | £-68,011 | £224,488 |
| 3 Month Average | 28.751 % | £84,096 | £376,596 |
| 6 Month Average | 59.436 % | £173,850 | £466,350 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 22 Apr 2014.
The average size of a house on SPRING LANE is 145 sq meters (1,565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakdown Crescent |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakdown Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmlea Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashlea |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |