£238,368
This estimated value is based upon the latest sale price for the house of £235,000 on 13 Jun 2022. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 13 Jun 2022 |
| £235,000 | 13 Jun 2022 |
| £187,500 | 27 Jan 2017 |
| £46,500 | 23 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2022 the House Price Index for OXFORDSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £235,000 results in an estimated price of approximately £238,368.
| 13 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £235,000 | £3,368 | £238,368 |
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 | -18.511 % | £-43,501 | £191,498 |
| 3 Month Average | 15.298 % | £35,951 | £270,951 |
| 6 Month Average | 4.141 % | £9,731 | £244,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £248,004 | £245,000 | 37 RILEY DRIVE |
| 1 Aug 2022 | £254,315 | £255,000 | 24 HUMBER WALK |
| 1 Jul 2022 | £245,661 | £245,000 | 12 LANCHESTER DRIVE |
| 13 Jun 2022 | £238,369 | £235,000 | 6 LANCHESTER DRIVE |
| 27 May 2022 | £211,485 | £207,500 | 56 DAIMLER AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Apr 2016. Using an estimated price of £238,369 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on LANCHESTER DRIVE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Daimler Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Daimler Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morris Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Way |