£334,533
This estimated value is based upon the latest sale price for the house of £328,500 on 14 Aug 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £328,500 | 14 Aug 2023 |
| £215,000 | 6 Jun 2007 |
| £92,500 | 27 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,014 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 August 2023 the House Price Index for GLOUCESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £328,500 results in an estimated price of approximately £334,533.
| 14 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £328,500 | £6,033 | £334,533 |
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 | -0.225 % | £-738 | £327,761 |
| 3 Month Average | 0.178 % | £585 | £329,085 |
| 6 Month Average | -4.563 % | £-14,987 | £313,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £273,941 | £269,000 | 54 DRIFT WAY |
| 14 Aug 2023 | £334,534 | £328,500 | 10 REEVES CLOSE |
| 19 Aug 2022 | £236,104 | £235,000 | 16 DRIFT CLOSE |
| 1 Apr 2022 | £269,730 | £260,000 | 98 DRIFT WAY |
| 21 Jan 2022 | £159,030 | £150,000 | 5 REEVES CLOSE |
This house has a floor area of 94 sq meters or 1,014 sq feet when measured on 3 Apr 2009. Using an estimated price of £334,534 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on REEVES CLOSE is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Rendcomb Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michaels Mead |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Michaels Mead |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michaels Mead |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Shalford Close |