248, ORMONDS CLOSE, BRADLEY STOKE, BRISTOL, BS32 0DZ - £162,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

248 ORMONDS CLOSE is a small flat of 42m², built sometime between 1991 and 1995, which could now be worth an estimated £157,022. It was last sold for £162,500 in November 2022, which was around 12% below the average November 2022 flat price in the South Gloucestershire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

248 ORMONDS CLOSE Sold Prices

Land registry data shows four sales for 248 ORMONDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 248 ORMONDS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 NOV	£162,500	£184,063	12% below HPI
2015 10 FEB	£119,000	£123,973	4% below HPI
2012 17 AUG	£98,000	£107,465	9% below HPI
1996 25 MAR	£18,500	£33,551	45% below HPI

What might 248 ORMONDS CLOSE be worth now?

248 ORMONDS CLOSE might now be worth an estimated £157,022.

This is based on house price deflation of 3.4%, between November 2022 and May 2026, for flats, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% deflationary decrease is applied to the most recent sale price for 248 ORMONDS CLOSE of £162,500 on 11th November 2022. For the value to have decreased from £162,500 to £157,022 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 248 ORMONDS CLOSE has moved in line with the HPI for flats in the South Gloucestershire local authority area.
• The November 2022 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 248 ORMONDS CLOSE has not materially changed since November 2022.

How Large is 248 ORMONDS CLOSE?

248 ORMONDS CLOSE is 42m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of flats in Bradley Stoke, based on EPC data. 34% of flats are smaller than 248 ORMONDS CLOSE, and 66% of flats are larger. Note that EPC data is not available for all properties in Bradley Stoke.

248 ORMONDS CLOSE: Plot

248 ORMONDS CLOSE sits on a plot of roughly 0.338 of an acre, or 1,366m².

Where is 248 ORMONDS CLOSE?

248 ORMONDS CLOSE is located in BRADLEY STOKE, in the BS32 postcode district.