2 STORKSBILL LANE

£624,636

Full Address

2 STORKSBILL LANE
SOUTHMOOR
ABINGDON
OXFORDSHIRE
UNITED KINGDOM
OX13 5FQ

Estimated Market Value

£624,636

This estimated value is based upon the latest sale price for the house of £505,000 on 1 Aug 2018. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1

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Transactions for this house
Price PaidDate
£505,0001 Aug 2018
£480,00027 Feb 2015
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 August 2018 the House Price Index for OXFORDSHIRE was 120.1.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.

Applying this 23.690% change to the original purchase price of £505,000 results in an estimated price of approximately £624,636.

1 Aug 2018 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
120.1 148.6 23.690 % £505,000 £119,636 £624,636

The Postcode Pricing Model uses changes in average sales price within the OX13 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 30.762 % £155,348 £660,348
3 Month Average 13.182 % £66,568 £571,568
6 Month Average 11.909 % £60,141 £565,141
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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