£245,216
This estimated value is based upon the latest sale price for the house of £207,500 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £207,500 | 28 Oct 2020 |
| £139,500 | 19 Aug 2011 |
| £154,995 | 21 Feb 2005 |
| £127,500 | 25 Nov 2003 |
| £50,000 | 30 Sep 1998 |
| £50,000 | 31 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 770 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in October 2020 the House Price Index for SOUTH GLOUCESTERSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £207,500 results in an estimated price of approximately £245,216.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £207,500 | £37,716 | £245,216 |
The Postcode Pricing Model uses changes in average sales price within the BS16 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 | 9.431 % | £19,569 | £227,069 |
| 3 Month Average | 16.827 % | £34,916 | £242,416 |
| 6 Month Average | 17.725 % | £36,779 | £244,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £231,050 | £227,500 | 9 THE WILLOWS MARLBOROUGH DRIVE |
| 7 Dec 2023 | £226,974 | £220,000 | 15 THE LIMES WELLINGTON PLACE |
| 10 Nov 2023 | £254,972 | £248,500 | 18 THE LIMES WELLINGTON PLACE |
| 27 Oct 2023 | £227,671 | £222,500 | 10 THE ALDERS MARLBOROUGH DRIVE |
| 30 Nov 2022 | £273,720 | £275,000 | 3 THE ELMS MALMAINS DRIVE |
This house has a floor area of 71 sq meters or 770 sq feet when measured on 23 Jun 2011. Using an estimated price of £245,217 means this house is valued at £3,424 per sq meter (£318 per sq foot).
The average size of a house on WELLINGTON PLACE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Wellington Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malmains Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harford Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fenbrook Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Belfields Lane |