£229,714
This estimated value is based upon the latest sale price for the house of £172,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 10 Jun 2016 |
| £140,000 | 5 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2016 the House Price Index for GLOUCESTERSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £172,000 results in an estimated price of approximately £229,714.
| 10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £172,000 | £57,714 | £229,714 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 63.620 % | £109,427 | £281,427 |
| 3 Month Average | 22.519 % | £38,732 | £210,732 |
| 6 Month Average | 42.239 % | £72,651 | £244,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £295,164 | £290,000 | 6 UPPER LEAZES |
| 16 Aug 2023 | £277,427 | £275,000 | 6 PARLIAMENT STREET |
| 7 Jul 2023 | £516,958 | £510,000 | 14 BELLE VUE ROAD |
| 28 Feb 2023 | £299,798 | £300,000 | 14 PARLIAMENT CLOSE |
| 1 Feb 2023 | £249,832 | £250,000 | 30 PARLIAMENT STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Dec 2015. Using an estimated price of £229,715 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on PARLIAMENT CLOSE is 111 sq meters (1,195 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parliament Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parliament Close |
| Apr 2024 | Robbery | Under investigation | On or near Parliament Street |
| Mar 2024 | Burglary | Under investigation | On or near Parliament Street |
| Feb 2024 | Anti-social behaviour | On or near Parliament Street |