£363,425
This estimated value is based upon the latest sale price for the house of £249,000 on 7 May 2015. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,000 | 7 May 2015 |
| £219,000 | 20 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 £249,000 results in an estimated price of approximately £363,425.
| 7 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £249,000 | £114,425 | £363,425 |
The Postcode Pricing Model uses changes in average sales price within the SP2 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 | 55.642 % | £138,549 | £387,549 |
| 3 Month Average | 31.375 % | £78,123 | £327,123 |
| 6 Month Average | 40.620 % | £101,144 | £350,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £279,897 | £275,000 | 40 NURSERY ROAD |
| 15 Sep 2023 | £134,216 | £132,500 | FLAT 1 25 GORRINGE ROAD |
| 31 Mar 2023 | £242,283 | £240,000 | 32 NURSERY ROAD |
| 3 Feb 2023 | £299,798 | £300,000 | 117 WILTON ROAD |
| 13 Jan 2023 | £283,664 | £285,000 | 8 GORRINGE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 24 May 2013. Using an estimated price of £363,425 means this house is valued at £3,562 per sq meter (£331 per sq foot).
The average size of a house on GORRINGE ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Close |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close |