£295,030
This estimated value is based upon the latest sale price for the house of £173,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,000 | 25 May 2012 |
| £165,000 | 26 Aug 2005 |
| £56,000 | 10 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 806 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 May 2012 the House Price Index for GLOUCESTERSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £173,000 results in an estimated price of approximately £295,030.
| 25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £173,000 | £122,030 | £295,030 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 74.236 % | £128,428 | £301,428 |
| 3 Month Average | 56.036 % | £96,941 | £269,941 |
| 6 Month Average | 50.727 % | £87,758 | £260,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £305,342 | £300,000 | 5 WELLFIELD |
| 25 Sep 2023 | £395,051 | £390,000 | 86 ASHCHURCH ROAD |
| 11 Sep 2023 | £325,512 | £321,350 | 33 SPRINGFIELD |
| 30 May 2022 | £382,202 | £375,000 | 74 ASHCHURCH ROAD |
| 20 May 2022 | £377,106 | £370,000 | 6 WELLFIELD |
This house has a floor area of 74 sq meters or 806 sq feet when measured on 22 Feb 2012. Using an estimated price of £295,030 means this house is valued at £3,936 per sq meter (£365 per sq foot).
The average size of a house on SPRINGFIELD is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wellfield |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellfield |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wellfield |
| Mar 2024 | Public order | Under investigation | On or near Ashchurch Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ashchurch Road |