£226,974
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 7 Dec 2023 |
| £85,000 | 22 Jun 2001 |
| £52,000 | 26 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 December 2023 the House Price Index for SOUTH GLOUCESTERSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £220,000 results in an estimated price of approximately £226,974.
| 7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £220,000 | £6,974 | £226,974 |
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 | 19.385 % | £42,646 | £262,646 |
| 3 Month Average | 15.480 % | £34,056 | £254,056 |
| 6 Month Average | 0.795 % | £1,749 | £221,749 |
| 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 59 sq meters or 636 sq feet when measured on 14 Sep 2009. Using an estimated price of £226,974 means this house is valued at £3,840 per sq meter (£356 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 |