£486,841
This estimated value is based upon the latest sale price for the house of £407,000 on 2 Sep 2020. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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5 London Road, Bicester, OX26 6BU
Phone: 01869623945
Price Paid | Date |
---|---|
£407,000 | 2 Sep 2020 |
£285,000 | 13 Jul 2006 |
£224,000 | 21 Jun 2002 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for OXFORDSHIRE to estimate the market value.
When this house was purchased in September 2020 the House Price Index for OXFORDSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £407,000 results in an estimated price of approximately £486,841.
2 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £407,000 | £79,841 | £486,841 |
The Postcode Pricing Model uses changes in average sales price within the OX26 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 | -16.526 % | £-67,259 | £339,740 |
3 Month Average | 26.544 % | £108,034 | £515,034 |
6 Month Average | 10.026 % | £40,805 | £447,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Feb 2023 | £442,959 | £440,000 | 127 RAVENCROFT |
27 Jul 2022 | £282,834 | £280,000 | 199 AVOCET WAY |
5 May 2022 | £333,693 | £325,000 | 119 AVOCET WAY |
4 Mar 2022 | £272,467 | £261,000 | 183 AVOCET WAY |
15 Feb 2022 | £442,973 | £419,300 | 10 SWALLOW CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Mar 2020. Using an estimated price of £486,842 means this house is valued at £4,967 per sq meter (£461 per sq foot).
The average size of a house on RAVENCROFT is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Unable to prosecute suspect | On or near Ravencroft |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravencroft |
Oct 2024 | Public order | Under investigation | On or near Avocet Way |
Oct 2024 | Robbery | Under investigation | On or near Avocet Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Avocet Way |