£330,703
This estimated value is based upon the latest sale price for the house of £259,000 on 20 Sep 2017. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £259,000 | 20 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 September 2017 the House Price Index for WILTSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £259,000 results in an estimated price of approximately £330,703.
| 20 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £259,000 | £71,703 | £330,703 |
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 | 80.032 % | £207,283 | £466,283 |
| 3 Month Average | 22.942 % | £59,419 | £318,419 |
| 6 Month Average | 17.678 % | £45,785 | £304,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £240,643 | £240,000 | 55 MAGNOLIA RISE |
| 12 Apr 2022 | £158,726 | £153,000 | 16 JASMINE CLOSE |
| 28 Sep 2021 | £147,637 | £136,000 | 12 JASMINE CLOSE |
| 2 Jul 2021 | £180,613 | £156,000 | 24 MAGNOLIA RISE |
| 25 Jun 2021 | £372,899 | £345,000 | 3 LAVENDER DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Mar 2017. Using an estimated price of £330,704 means this house is valued at £4,935 per sq meter (£458 per sq foot).
The average size of a house on MAGNOLIA RISE is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Magnolia Rise |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Rise |
| Jul 2024 | Public order | Under investigation | On or near Lavender Drive |
| Jun 2024 | Drugs | Under investigation | On or near Thomas Court |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Court |