£857,750
This estimated value is based upon the latest sale price for the house of £845,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £845,000 | 12 May 2022 |
| £525,000 | 2 Apr 2013 |
| £462,000 | 7 Aug 2009 |
| £168,750 | 7 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,460 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in May 2022 the House Price Index for GLOUCESTERSHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £845,000 results in an estimated price of approximately £857,750.
| 12 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £845,000 | £12,750 | £857,750 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 26.409 % | £223,154 | £1,068,154 |
| 3 Month Average | 15.159 % | £128,090 | £973,090 |
| 6 Month Average | 19.944 % | £168,530 | £1,013,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £847,581 | £836,700 | 18 ABBEY WAY |
| 31 Jan 2023 | £297,388 | £300,000 | 35 BOWLING GREEN AVENUE |
| 17 Jan 2023 | £247,823 | £250,000 | FLAT 7 BERESFORD HOUSE SHEPHERDS WAY |
| 12 May 2022 | £857,750 | £845,000 | 1 SHEPHERDS WAY |
| 19 Apr 2022 | £256,410 | £250,000 | 1 BOWLING GREEN CRESCENT |
This house has a floor area of 135 sq meters or 1,460 sq feet when measured on 6 May 2009. Using an estimated price of £857,750 means this house is valued at £6,323 per sq meter (£587 per sq foot).
The average size of a house on SHEPHERDS WAY is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near St John'S Road |
| Mar 2024 | Other theft | Under investigation | On or near Abbey Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowling Green Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gooseacre Lane |