£237,023
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 17 Dec 2015 |
£117,500 | 27 Feb 2002 |
£52,950 | 28 Feb 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2015 the House Price Index for WILTSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £170,000 results in an estimated price of approximately £237,023.
17 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £170,000 | £67,023 | £237,023 |
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 | 36.560 % | £62,152 | £232,152 |
3 Month Average | 43.202 % | £73,442 | £243,442 |
6 Month Average | 15.671 % | £26,640 | £196,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £180,000 | £180,000 | 9 - 11 BROWN STREET |
14 Dec 2023 | £192,928 | £187,000 | 8 SARUM LODGE THREE SWANS CHEQUER |
5 Dec 2023 | £268,243 | £260,000 | 3 BROWN STREET |
2 Jun 2023 | £188,783 | £185,000 | 39 THREE CUPPES LANE |
31 Mar 2023 | £335,605 | £330,000 | 39 WINCHESTER STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 5 Aug 2015. Using an estimated price of £237,024 means this house is valued at £4,472 per sq meter (£415 per sq foot).
The average size of a house on THREE CUPPES LANE is 61 sq meters (661 sq feet).