£377,047
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Oct 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 |
|---|---|
| £250,000 | 31 Oct 2014 |
| £230,000 | 9 Oct 2009 |
| £195,000 | 5 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2014 the House Price Index for MILTON KEYNES was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £250,000 results in an estimated price of approximately £377,047.
| 31 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £250,000 | £127,047 | £377,047 |
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 | 30.919 % | £77,298 | £327,298 |
| 3 Month Average | 35.111 % | £87,777 | £337,777 |
| 6 Month Average | 45.606 % | £114,015 | £364,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Sep 2024 | £775,000 | £775,000 | 48 EAST STREET |
| 1 Mar 2023 | £325,435 | £320,000 | 6 EAST STREET |
| 17 Jan 2023 | £829,717 | £827,500 | 37 TIMPSONS ROW |
| 22 Jul 2022 | £540,415 | £535,000 | 50 TIMPSONS ROW |
| 15 Jul 2022 | £272,733 | £270,000 | 3 EAST STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 Mar 2016. Using an estimated price of £377,047 means this house is valued at £4,961 per sq meter (£460 per sq foot).
The average size of a house on TIMPSONS ROW is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Gregory Court |
| Oct 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Theft from the person | Unable to prosecute suspect | On or near Palmers Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Near Town Gardens |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Berrells Court |