£239,598
This estimated value is based upon the latest sale price for the house of £42,000 on 7 Nov 1995. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Wellington Place
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| Price Paid | Date |
|---|---|
| £42,000 | 7 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in November 1995 the House Price Index for SOUTH GLOUCESTERSHIRE was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £42,000 results in an estimated price of approximately £239,598.
| 7 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £42,000 | £197,598 | £239,598 |
The Postcode Pricing Model uses changes in average sales price within the BS16 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 | 569.742 % | £239,291 | £281,291 |
| 3 Month Average | 484.550 % | £203,510 | £245,510 |
| 6 Month Average | 510.094 % | £214,239 | £256,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £227,500 | £227,500 | 9 THE WILLOWS MARLBOROUGH DRIVE |
| 7 Dec 2023 | £223,918 | £220,000 | 15 THE LIMES WELLINGTON PLACE |
| 10 Nov 2023 | £252,234 | £248,500 | 18 THE LIMES WELLINGTON PLACE |
| 9 Jun 2023 | £376,561 | £372,000 | 21 WADHAM DRIVE |
| 30 Nov 2022 | £271,709 | £275,000 | 3 THE ELMS MALMAINS DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Apr 2021. Using an estimated price of £239,599 means this house is valued at £3,864 per sq meter (£359 per sq foot).
The average size of a house on MALMAINS DRIVE is 119 sq meters (1,290 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Wellington Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Drive |