£359,290
This estimated value is based upon the latest sale price for the house of £285,000 on 1 Nov 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 1 Nov 2017 |
| £297,000 | 27 Apr 2017 |
| £297,000 | 8 Mar 2017 |
| £233,000 | 24 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2017 the House Price Index for GLOUCESTERSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £285,000 results in an estimated price of approximately £359,290.
| 1 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £285,000 | £74,290 | £359,290 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 61.456 % | £175,149 | £460,149 |
| 3 Month Average | 24.926 % | £71,039 | £356,039 |
| 6 Month Average | 21.197 % | £60,412 | £345,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £358,312 | £360,000 | 129 ARLE ROAD |
| 5 Aug 2022 | £408,899 | £410,000 | 14 COLLEGE DRIVE |
| 12 Apr 2022 | £375,877 | £365,000 | 3 GRADUATE COURT |
| 10 Feb 2022 | £393,260 | £375,000 | 36 COLLEGE DRIVE |
| 17 Dec 2021 | £332,127 | £310,000 | 27 COLLEGE DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Aug 2015. Using an estimated price of £359,291 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on ARLE ROAD is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Arle Road |