£163,258
This estimated value is based upon the latest sale price for the house of £153,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,000 | 10 Dec 2021 |
| £145,750 | 29 Mar 2016 |
| £131,500 | 1 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 768 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 December 2021 the House Price Index for WILTSHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £153,000 results in an estimated price of approximately £163,258.
| 10 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £153,000 | £10,258 | £163,258 |
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 | -21.304 % | £-32,595 | £120,404 |
| 3 Month Average | -3.615 % | £-5,530 | £147,469 |
| 6 Month Average | 2.739 % | £4,190 | £157,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £229,339 | £225,000 | 6 ORCHARD PLACE |
| 3 Feb 2023 | £298,588 | £300,000 | 117 WILTON ROAD |
| 13 Jan 2023 | £282,518 | £285,000 | 8 GORRINGE ROAD |
| 5 Jan 2023 | £218,084 | £220,000 | 9 CHERRY ORCHARD LANE |
| 15 Aug 2022 | £59,597 | £60,000 | 10 THE MALVERNS CHERRY ORCHARD LANE |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 19 Jan 2012. Using an estimated price of £163,259 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on CHERRY CLOSE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Close |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Close |