£263,393
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for SWINDON 1
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| Price Paid | Date |
|---|---|
| £195,000 | 30 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 sq feet |
This model uses changes in the Official Land Registry House Price Index for SWINDON to estimate the market value.
When this house was purchased in March 2016 the House Price Index for SWINDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £195,000 results in an estimated price of approximately £263,393.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £195,000 | £68,393 | £263,393 |
The Postcode Pricing Model uses changes in average sales price within the SN1 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 | 55.596 % | £108,413 | £303,413 |
| 3 Month Average | 42.430 % | £82,737 | £277,737 |
| 6 Month Average | 39.358 % | £76,747 | £271,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £202,590 | £200,000 | 2 LORNE STREET |
| 17 Jul 2023 | £238,206 | £235,000 | 95 FARINGDON ROAD |
| 29 Nov 2022 | £217,367 | £220,000 | 14 LORNE STREET |
| 27 Apr 2022 | £195,662 | £190,000 | 7 LORNE STREET |
| 1 Nov 2021 | £237,933 | £220,000 | 143 FARINGDON ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 15 Feb 2016. Using an estimated price of £263,394 means this house is valued at £1,721 per sq meter (£159 per sq foot).
The average size of a house on FARINGDON ROAD is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Lorne Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorne Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lorne Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorne Street |
| Jan 2024 | Anti-social behaviour | On or near Lorne Street |