£196,083
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 25 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2014 the House Price Index for WILTSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £125,000 results in an estimated price of approximately £196,083.
| 25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £125,000 | £71,083 | £196,083 |
The Postcode Pricing Model uses changes in average sales price within the SN11 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 | 43.443 % | £54,303 | £179,303 |
| 3 Month Average | 47.981 % | £59,975 | £184,975 |
| 6 Month Average | 46.877 % | £58,596 | £183,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £205,209 | £200,000 | 68 SAVOY COURT KING EDWARD CLOSE |
| 29 Sep 2023 | £148,268 | £145,000 | 95 GLOBE COURT KING EDWARD CLOSE |
| 31 Mar 2023 | £254,246 | £250,000 | 62 SAVOY COURT KING EDWARD CLOSE |
| 3 Mar 2023 | £213,567 | £210,000 | 24 NEWCROFT ROAD |
| 27 Jan 2023 | £220,589 | £220,000 | 73 SAVOY COURT KING EDWARD CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Apr 2014. Using an estimated price of £196,083 means this house is valued at £2,482 per sq meter (£230 per sq foot).
The average size of a house on RIDGEMEAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Edward Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Edward Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near King Edward Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near King Edward Close |
| Jul 2024 | Burglary | Under investigation | On or near Ridgemead |