£245,141
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Redhouse Lane
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Nov 2021 |
| £125,000 | 30 Jan 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2021 the House Price Index for GLOUCESTERSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £225,000 results in an estimated price of approximately £245,141.
| 17 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £225,000 | £20,141 | £245,141 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | -33.757 % | £-75,953 | £149,046 |
| 3 Month Average | -8.074 % | £-18,167 | £206,832 |
| 6 Month Average | 1.722 % | £3,873 | £228,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £915,174 | £895,000 | WESTRIP FARM |
| 20 Dec 2021 | £162,975 | £151,000 | 53 HAWTHORN RISE |
| 17 Nov 2021 | £245,142 | £225,000 | 12 PERRY ORCHARD |
| 29 Jul 2021 | £142,985 | £123,500 | 97 HAWTHORN RISE |
| 22 Jul 2021 | £231,555 | £200,000 | 69 HAWTHORN RISE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 21 May 2020. Using an estimated price of £245,142 means this house is valued at £4,457 per sq meter (£414 per sq foot).
The average size of a house on PERRY ORCHARD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Redhouse Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Redhouse Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Rise |
| Jul 2024 | Anti-social behaviour | On or near The Martins | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |