£363,220
This estimated value is based upon the latest sale price for the house of £277,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£277,000 | 9 Dec 2016 |
£180,000 | 8 Nov 2013 |
£200,000 | 5 Oct 2007 |
£125,000 | 15 Jun 2001 |
£95,000 | 6 Jan 2000 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 599 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 December 2016 the House Price Index for GLOUCESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £277,000 results in an estimated price of approximately £363,220.
9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £277,000 | £86,220 | £363,220 |
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 | -9.846 % | £-27,273 | £249,726 |
3 Month Average | 19.587 % | £54,255 | £331,255 |
6 Month Average | 27.701 % | £76,730 | £353,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £263,907 | £260,000 | 25 CITY BANK VIEW |
29 Sep 2023 | £389,986 | £385,000 | 12 PROSPECT PLACE |
7 Aug 2023 | £408,574 | £405,000 | 11 PROSPECT PLACE |
21 Jul 2023 | £304,093 | £300,000 | 20 PROSPECT PLACE |
2 Jun 2023 | £273,817 | £270,500 | 2 CITY BANK ROAD |
This house has a floor area of 55 sq meters or 599 sq feet when measured on 22 Dec 2009. Using an estimated price of £363,221 means this house is valued at £6,521 per sq meter (£605 per sq foot).
The average size of a house on PROSPECT PLACE is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Street |
Jan 2024 | Anti-social behaviour | On or near Queen Street |