£228,114
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Jan 2016. This value is then adjusted by the current Official House Price Index for SWINDON 1
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Price Paid | Date |
---|---|
£165,000 | 5 Jan 2016 |
£124,000 | 25 Jul 2014 |
£120,000 | 15 Dec 2010 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 sq feet |
This model uses changes in the Official Land Registry House Price Index for SWINDON to estimate the market value.
When this house was purchased in January 2016 the House Price Index for SWINDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £165,000 results in an estimated price of approximately £228,114.
5 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £165,000 | £63,114 | £228,114 |
The Postcode Pricing Model uses changes in average sales price within the SN3 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 | 19.998 % | £32,997 | £197,997 |
3 Month Average | 29.149 % | £48,096 | £213,096 |
6 Month Average | 31.226 % | £51,522 | £216,522 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £164,167 | £160,000 | 348 WELCOMBE AVENUE |
1 Nov 2023 | £113,891 | £111,000 | 370 WELCOMBE AVENUE |
19 Oct 2023 | £204,648 | £200,000 | 377 WELCOMBE AVENUE |
8 Sep 2023 | £229,049 | £224,000 | 342 WELCOMBE AVENUE |
30 Jun 2023 | £168,374 | £165,000 | 3 BRIDPORT ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 26 Feb 2014. Using an estimated price of £228,115 means this house is valued at £2,172 per sq meter (£201 per sq foot).
There is one other house on the street which we know the size of, this is 7 STEDHAM WALK it is 64.0