£284,393
This estimated value is based upon the latest sale price for the house of £209,000 on 24 Mar 2016. 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 |
|---|---|
| £209,000 | 24 Mar 2016 |
| £247,500 | 19 Jul 2007 |
| £93,000 | 29 Oct 1999 |
| £63,000 | 27 Mar 1997 |
| 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 March 2016 the House Price Index for MILTON KEYNES was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £209,000 results in an estimated price of approximately £284,393.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £209,000 | £75,393 | £284,393 |
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 | 12.245 % | £25,592 | £234,592 |
| 3 Month Average | 15.069 % | £31,493 | £240,493 |
| 6 Month Average | 12.955 % | £27,075 | £236,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £453,949 | £440,000 | 8 JOHNSONS FIELD |
| 1 Dec 2023 | £541,644 | £525,000 | 24 JOHNSONS FIELD |
| 18 Sep 2023 | £477,527 | £467,000 | 55 WEST SIDE RISE |
| 19 Oct 2021 | £328,827 | £295,000 | 28 ELMLEA DRIVE |
| 30 Jun 2021 | £356,686 | £330,000 | 75 WEST SIDE RISE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Feb 2016. Using an estimated price of £284,394 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on ELMLEA DRIVE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Pyghtle |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hipwell Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hipwell Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakdown Crescent |