£595,649
This estimated value is based upon the latest sale price for the house of £555,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £555,000 | 29 Sep 2021 |
| £410,000 | 22 Apr 2008 |
| £440,000 | 31 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 2021 the House Price Index for OXFORDSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £555,000 results in an estimated price of approximately £595,649.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £555,000 | £40,649 | £595,649 |
The Postcode Pricing Model uses changes in average sales price within the OX28 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 | -21.338 % | £-118,425 | £436,574 |
| 3 Month Average | 16.510 % | £91,632 | £646,632 |
| 6 Month Average | -4.521 % | £-25,088 | £529,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £278,576 | £275,000 | 17 WATERFORD ROAD |
| 15 Aug 2023 | £528,212 | £525,000 | 26 WATERFORD ROAD |
| 30 Jun 2023 | £651,281 | £646,000 | 31 LARCH LANE |
| 30 Jun 2023 | £453,678 | £450,000 | 24 LARCH LANE |
| 14 Jun 2023 | £352,861 | £350,000 | 40 WATERFORD ROAD |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 25 Apr 2014. Using an estimated price of £595,649 means this house is valued at £3,151 per sq meter (£292 per sq foot).
The average size of a house on LARCH LANE is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Northfield Square |