£445,159
This estimated value is based upon the latest sale price for the house of £305,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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Price Paid | Date |
---|---|
£305,000 | 8 May 2015 |
£230,000 | 18 Aug 2006 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for WILTSHIRE to estimate the market value.
When this house was purchased in May 2015 the House Price Index for WILTSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £305,000 results in an estimated price of approximately £445,159.
8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £305,000 | £140,159 | £445,159 |
The Postcode Pricing Model uses changes in average sales price within the SP1 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 | -84.252 % | £-256,969 | £48,030 |
3 Month Average | -10.346 % | £-31,554 | £273,445 |
6 Month Average | 15.861 % | £48,375 | £353,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £66,158 | £65,000 | 78 PARK LANE |
18 Aug 2023 | £80,706 | £80,000 | FLAT 11 VICTORIA COURT, 17 STRATFORD ROAD |
8 Aug 2023 | £171,495 | £169,995 | 50 WYLYE COURT PARK LANE |
31 Jul 2023 | £289,902 | £286,000 | 2 WATERS ROAD |
21 Jul 2023 | £228,070 | £225,000 | 30 FAIRFIELD ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 5 Mar 2015. Using an estimated price of £445,160 means this house is valued at £6,644 per sq meter (£617 per sq foot).
The average size of a house on PARK CLOSE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
Mar 2024 | Anti-social behaviour | On or near Victoria Court | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waters Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waters Road |