£108,828
This estimated value is based upon the latest sale price for the house of £44,000 on 31 Jan 2003. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £44,000 | 31 Jan 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 January 2003 the House Price Index for GLOUCESTERSHIRE was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £44,000 results in an estimated price of approximately £108,828.
| 31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £44,000 | £64,828 | £108,828 |
The Postcode Pricing Model uses changes in average sales price within the GL15 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 | 167.235 % | £73,583 | £117,583 |
| 3 Month Average | 153.511 % | £67,544 | £111,544 |
| 6 Month Average | 131.602 % | £57,904 | £101,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £163,986 | £162,000 | 48 MOUNT PLEASANT |
| 24 Mar 2023 | £176,664 | £175,000 | 17 MOUNT PLEASANT |
| 3 Jan 2023 | £199,062 | £200,000 | 27 HARRISON WAY |
| 1 Jul 2022 | £265,715 | £265,000 | 11 VALLEY ROAD |
| 20 May 2022 | £259,897 | £255,000 | 16 VALLEY ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 6 Sep 2014. Using an estimated price of £108,829 means this house is valued at £2,591 per sq meter (£240 per sq foot).
The average size of a house on HOPES CLOSE is 49 sq meters (531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hopes Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mount Pleasant |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridler Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridler Road |