£188,166
This estimated value is based upon the latest sale price for the house of £35,000 on 10 Jan 1997. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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Twining House, 294 Banbury Road, Summertown, Oxford, OX2 7ED
Phone: 01865680439
| Price Paid | Date |
|---|---|
| £35,000 | 10 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 1997 the House Price Index for OXFORDSHIRE was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £35,000 results in an estimated price of approximately £188,166.
| 10 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £35,000 | £153,166 | £188,166 |
The Postcode Pricing Model uses changes in average sales price within the OX2 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 | 563.258 % | £197,140 | £232,140 |
| 3 Month Average | 578.617 % | £202,515 | £237,515 |
| 6 Month Average | 501.673 % | £175,585 | £210,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £320,000 | £320,000 | 4 PARK CLOSE |
| 14 Mar 2023 | £381,369 | £375,000 | 41 PARK CLOSE |
| 23 Jan 2023 | £388,588 | £387,550 | 2 PARK CLOSE |
| 12 Aug 2022 | £331,550 | £330,000 | 55 PARK CLOSE |
| 21 Apr 2022 | £363,098 | £350,000 | 62 CUTTESLOWE HOUSE PARK CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jan 2018. Using an estimated price of £188,166 means this house is valued at £2,381 per sq meter (£221 per sq foot).
The average size of a house on PENNYWELL DRIVE is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pennywell Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pennywell Drive |
| Apr 2024 | Bicycle theft | Unable to prosecute suspect | On or near Pennywell Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Close |