£318,834
This estimated value is based upon the latest sale price for the house of £187,500 on 14 Feb 2013. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 14 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,360 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 February 2013 the House Price Index for WILTSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £187,500 results in an estimated price of approximately £318,834.
| 14 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £187,500 | £131,334 | £318,834 |
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 | 56.988 % | £106,852 | £294,352 |
| 3 Month Average | 34.075 % | £63,890 | £251,390 |
| 6 Month Average | 47.499 % | £89,061 | £276,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £1,889,499 | £1,873,091 | 16 LOWER ROAD |
| 26 Apr 2024 | £2,798,990 | £2,774,684 | 12 - 14 LOWER ROAD |
| 20 Dec 2023 | £232,133 | £225,000 | 6 ORCHARD PLACE |
| 27 Oct 2023 | £304,925 | £298,000 | 11 CHERRY CLOSE |
| 30 Aug 2023 | £210,802 | £207,000 | UNIT 4 BOATHOUSE MEADOW BUSINESS PARK |
This house has a floor area of 126 sq meters or 1,360 sq feet when measured on 29 Sep 2008. Using an estimated price of £318,835 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on LOWER ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Cecil Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cecil Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cecil Terrace |
| Jun 2024 | Public order | Under investigation | On or near Cherry Orchard Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Orchard Lane |