£379,484
This estimated value is based upon the latest sale price for the house of £305,050 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,050 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for OXFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £305,050 results in an estimated price of approximately £379,484.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £305,050 | £74,434 | £379,484 |
The Postcode Pricing Model uses changes in average sales price within the OX16 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 | 57.731 % | £176,108 | £481,158 |
| 3 Month Average | 10.835 % | £33,053 | £338,103 |
| 6 Month Average | 4.104 % | £12,518 | £317,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £300,000 | £300,000 | 45 WOODHALL DRIVE |
| 8 Dec 2023 | £288,877 | £280,000 | 17 WHIMBREL WAY |
| 29 Nov 2023 | £364,246 | £355,000 | 5 WHIMBREL WAY |
| 24 Aug 2023 | £292,271 | £287,000 | 191 CHATSWORTH DRIVE |
| 9 Sep 2022 | £374,750 | £375,000 | 9 DUNLIN COURT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 May 2018. Using an estimated price of £379,484 means this house is valued at £4,684 per sq meter (£435 per sq foot).
The average size of a house on MELBOURNE CLOSE is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Melbourne Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Melbourne Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Close |
| Oct 2024 | Other theft | Under investigation | On or near Longleat Close |