£366,714
This estimated value is based upon the latest sale price for the house of £365,000 on 16 Aug 2022. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
There has been one burglary within the last year on or near Melvin Close
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| Price Paid | Date |
|---|---|
| £365,000 | 16 Aug 2022 |
| £253,056 | 22 Apr 2016 |
| Semi-Detached |
| Freehold |
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 August 2022 the House Price Index for WILTSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £365,000 results in an estimated price of approximately £366,714.
| 16 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £365,000 | £1,714 | £366,714 |
The Postcode Pricing Model uses changes in average sales price within the SP1 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 | 3.998 % | £14,592 | £379,592 |
| 3 Month Average | 9.911 % | £36,174 | £401,174 |
| 6 Month Average | -0.994 % | £-3,628 | £361,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £344,950 | £344,950 | 16 LINDEN CLOSE |
| 27 Oct 2023 | £368,366 | £360,000 | 4 NAPIER CRESCENT |
| 27 Oct 2023 | £368,366 | £360,000 | 12 MELVIN CLOSE |
| 21 Sep 2023 | £363,002 | £355,000 | 23 BEECHCROFT ROAD |
| 8 Sep 2023 | £306,762 | £300,000 | 21 MAYFAIR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Melvin Close |
| Aug 2024 | Public order | Under investigation | On or near Melvin Close |
| Jul 2024 | Anti-social behaviour | On or near Duck Lane | |
| Jul 2024 | Anti-social behaviour | On or near Duck Lane | |
| Jul 2024 | Anti-social behaviour | On or near Duck Lane |