£189,390
This estimated value is based upon the latest sale price for the house of £135,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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Price Paid | Date |
---|---|
£135,000 | 27 Nov 2015 |
£116,795 | 27 May 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 November 2015 the House Price Index for WILTSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £135,000 results in an estimated price of approximately £189,390.
27 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £135,000 | £54,390 | £189,390 |
The Postcode Pricing Model uses changes in average sales price within the SN14 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 | 35.453 % | £47,861 | £182,861 |
3 Month Average | 40.184 % | £54,249 | £189,249 |
6 Month Average | 30.265 % | £40,858 | £175,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £128,963 | £125,000 | 72 ALLINGTON WAY |
23 Aug 2023 | £173,122 | £170,000 | 48 ALLINGTON WAY |
30 Jun 2023 | £183,681 | £180,000 | 23 MIDDLEFIELD ROAD |
30 Mar 2023 | £183,057 | £180,000 | 29 MIDDLEFIELD ROAD |
12 Aug 2022 | £326,527 | £325,000 | 15 MIDDLEFIELD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Feb 2015. Using an estimated price of £189,391 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on MIDDLEFIELD ROAD is 85 sq meters (918 sq feet).