£342,443
This estimated value is based upon the latest sale price for the house of £255,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 27 May 2016 |
£220,000 | 2 Sep 2013 |
£170,000 | 19 Jun 2002 |
£55,000 | 27 Feb 1995 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 935 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 2016 the House Price Index for WILTSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £255,000 results in an estimated price of approximately £342,443.
27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £255,000 | £87,443 | £342,443 |
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 | 29.617 % | £75,522 | £330,522 |
3 Month Average | 25.882 % | £65,999 | £320,999 |
6 Month Average | 32.677 % | £83,325 | £338,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £229,007 | £225,000 | 6 ORCHARD PLACE |
5 Sep 2023 | £2,329,789 | £2,300,000 | 108 WILTON ROAD |
21 Apr 2023 | £242,612 | £240,000 | 7 CECIL TERRACE |
13 Feb 2023 | £484,674 | £485,000 | 169 WILTON ROAD |
13 Jan 2023 | £283,664 | £285,000 | 8 GORRINGE ROAD |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 6 Sep 2011. Using an estimated price of £342,443 means this house is valued at £3,940 per sq meter (£366 per sq foot).
The average size of a house on CHERRY ORCHARD LANE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
Apr 2024 | Public order | Under investigation | On or near Petrol Station |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |