£483,195
This estimated value is based upon the latest sale price for the house of £399,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £399,000 | 19 Jun 2020 |
| £250,000 | 21 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 June 2020 the House Price Index for GLOUCESTERSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £399,000 results in an estimated price of approximately £483,195.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £399,000 | £84,195 | £483,195 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 16.876 % | £67,334 | £466,334 |
| 3 Month Average | 30.605 % | £122,115 | £521,115 |
| 6 Month Average | 20.643 % | £82,364 | £481,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £291,943 | £288,800 | 45 TRAFALGAR ROAD |
| 13 Mar 2023 | £310,929 | £308,000 | 79 HAWSER ROAD |
| 25 Jul 2022 | £426,147 | £425,000 | 6 MELROSE WALK |
| 21 Dec 2021 | £179,456 | £167,500 | FLAT 5 BRAEBURN HOUSE VICTORIA CIRCUS |
| 20 Sep 2021 | £290,950 | £270,000 | 92 TRAFALGAR ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 14 May 2020. Using an estimated price of £483,195 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on MELROSE WALK is 134 sq meters (1,451 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tendergreen View |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Desiree Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Desiree Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Desiree Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Desiree Drive |