£335,303
This estimated value is based upon the latest sale price for the house of £264,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£264,000 | 31 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2017 the House Price Index for GLOUCESTERSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £264,000 results in an estimated price of approximately £335,303.
31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £264,000 | £71,303 | £335,303 |
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 | 121.183 % | £319,921 | £583,921 |
3 Month Average | 33.369 % | £88,095 | £352,095 |
6 Month Average | 27.844 % | £73,508 | £337,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £489,613 | £485,000 | 24 CHANCEL WAY |
15 Jun 2022 | £263,727 | £260,000 | 1 SWAN BARN SWAN CLOSE |
14 Apr 2022 | £319,238 | £310,000 | 16 CHANCEL WAY |
24 Feb 2022 | £631,704 | £602,372 | 8 ST LAWRENCE ROAD |
16 Jan 2022 | £315,722 | £300,000 | FLAT 2 SWAN BARN SWAN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Jun 2017. Using an estimated price of £335,303 means this house is valued at £3,767 per sq meter (£350 per sq foot).
The average size of a house on CHANCEL WAY is 135 sq meters (1,463 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Local resolution | On or near Burford Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |