£347,901
This estimated value is based upon the latest sale price for the house of £340,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 31 Oct 2023 |
| £282,000 | 17 May 2023 |
| £225,000 | 28 Oct 2013 |
| £130,000 | 3 Nov 2011 |
| £118,000 | 26 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 October 2023 the House Price Index for WILTSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £340,000 results in an estimated price of approximately £347,901.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £340,000 | £7,901 | £347,901 |
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 | -7.514 % | £-25,548 | £314,451 |
| 3 Month Average | -16.207 % | £-55,103 | £284,896 |
| 6 Month Average | -0.063 % | £-214 | £339,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £321,500 | £321,500 | 33 GORRINGE ROAD |
| 1 Dec 2023 | £283,718 | £275,000 | 40 NURSERY ROAD |
| 31 Oct 2023 | £347,902 | £340,000 | 18 GORRINGE ROAD |
| 27 Oct 2023 | £304,925 | £298,000 | 11 CHERRY CLOSE |
| 27 Oct 2023 | £291,623 | £285,000 | 15 GORRINGE ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 3 Apr 2013. Using an estimated price of £347,902 means this house is valued at £3,078 per sq meter (£286 per sq foot).
The average size of a house on GORRINGE ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Gorringe Road | |
| Jul 2024 | Public order | Under investigation | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |