£5,208,821
This estimated value is based upon the latest sale price for the house of £850,000 on 11 Sep 2024. 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 |
---|---|
£850,000 | 11 Sep 2024 |
£430,000 | 15 Aug 2002 |
£188,000 | 5 Apr 1995 |
Detached |
Freehold |
Floor Area: 193 sq meters or 2,077 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 2024 the House Price Index for MILTON KEYNES was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £850,000 results in an estimated price of approximately £5,208,821.
11 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £850,000 | £4,358,821 | £5,208,821 |
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 | -4.206 % | £-35,752 | £814,247 |
3 Month Average | -4.652 % | £-39,545 | £810,454 |
6 Month Average | 5.279 % | £44,867 | £894,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £1,215,296 | £1,195,000 | 81 MIDLAND ROAD |
26 Aug 2022 | £439,555 | £437,500 | 27 NEWTON STREET |
24 May 2022 | £395,298 | £385,000 | 8 SWAN COURT |
6 Apr 2022 | £331,975 | £320,000 | 16 GILPIN WAY |
3 Mar 2022 | £375,816 | £360,000 | 70 MIDLAND ROAD |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 22 Jul 2021.
The average size of a house on MIDLAND ROAD is 157 sq meters (1,694 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Swan Court |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Midland Road |
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Midland Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Street |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carey Way |