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|£85,000||27 Jan 1997|
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 January 1997 the House Price Index for GLOUCESTERSHIRE was 28.7.The House Price Index as of 1 Dec 2019 is 124.6 which is a change of 334.080%.
Applying this 334.080% change to the original purchase price of £85,000 gives us an estimated price now of around £368,968.
|27 Jan 1997||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
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||357.643 %||£303,996||£388,996|
|3 Month Average||353.113 %||£300,146||£385,146|
|6 Month Average||324.537 %||£275,856||£360,856|
|Date||Current Estimated Value||Price Paid||Address|
|30 Aug 2019||£300,954||£305,000||202 STRATTON HEIGHTS|
|15 Aug 2019||£477,580||£484,000||SWALLOWS AND AMAZONS GALLOWS POUND LANE|
|12 Jun 2019||£222,026||£220,000||40 STRATTON HEIGHTS|
|23 May 2019||£441,075||£435,000||5 STRATTON HEIGHTS|
|5 Dec 2018||£372,087||£372,500||210 STRATTON HEIGHTS|