£215,398
This estimated value is based upon the latest sale price for the house of £127,500 on 1 Nov 2006. This value is then adjusted by the current Official House Price Index for WILTSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,500 | 1 Nov 2006 |
| £51,000 | 30 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2006 the House Price Index for WILTSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £127,500 results in an estimated price of approximately £215,398.
| 1 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £127,500 | £87,898 | £215,398 |
The Postcode Pricing Model uses changes in average sales price within the SN16 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 | 32.771 % | £41,783 | £169,283 |
| 3 Month Average | 44.591 % | £56,853 | £184,353 |
| 6 Month Average | 53.782 % | £68,571 | £196,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £161,351 | £159,950 | 31 ORCHARD COURT ARCHES LANE |
| 15 Nov 2023 | £2,318,862 | £2,260,000 | ARCHES FARM ARCHES LANE |
| 4 Oct 2023 | £190,323 | £186,000 | 21 ORCHARD COURT ARCHES LANE |
| 17 Jan 2023 | £170,455 | £170,000 | 14 ORCHARD COURT ARCHES LANE |
| 11 Nov 2022 | £597,207 | £600,000 | HIGHBANK ARCHES LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Oct 2018. Using an estimated price of £215,398 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on ARCHES LANE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Priory Way | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Priory Way |
| Jul 2024 | Drugs | Under investigation | On or near Storey Mews |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Storey Mews |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near High Street |