£986,938
This estimated value is based upon the latest sale price for the house of £795,000 on 8 Oct 2018. 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 |
|---|---|
| £795,000 | 8 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,107 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 2018 the House Price Index for MILTON KEYNES was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £795,000 results in an estimated price of approximately £986,938.
| 8 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £795,000 | £191,938 | £986,938 |
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 | 3.088 % | £24,548 | £819,548 |
| 3 Month Average | 16.374 % | £130,170 | £925,170 |
| 6 Month Average | 24.384 % | £193,849 | £988,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2024 | £357,500 | £357,500 | 17 AUSTEN AVENUE |
| 22 Mar 2023 | £1,215,296 | £1,195,000 | 81 MIDLAND ROAD |
| 22 Feb 2023 | £679,539 | £675,000 | 14 MOBBS CLOSE |
| 26 Aug 2022 | £439,555 | £437,500 | 27 NEWTON STREET |
| 24 May 2022 | £395,298 | £385,000 | 8 SWAN COURT |
This house has a floor area of 195 sq meters or 2,107 sq feet when measured on 9 Jan 2009. Using an estimated price of £986,938 means this house is valued at £5,041 per sq meter (£468 per sq foot).
The average size of a house on MIDLAND ROAD is 157 sq meters (1,694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carey Way |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Carey Way |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Swan Court |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gilpin Way |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Austen Avenue |