£612,120
This estimated value is based upon the latest sale price for the house of £118,500 on 27 May 1997. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 27 May 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for GLOUCESTERSHIRE was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £118,500 results in an estimated price of approximately £612,120.
| 27 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £118,500 | £493,620 | £612,120 |
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 | 422.417 % | £500,564 | £619,064 |
| 3 Month Average | 351.333 % | £416,330 | £534,830 |
| 6 Month Average | 350.722 % | £415,605 | £534,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £263,907 | £260,000 | 4 MERRIVILLE GARDENS |
| 27 Jul 2023 | £268,615 | £265,000 | 14 MERRIVILLE ROAD |
| 10 Jul 2023 | £369,980 | £365,000 | 42 NETHERWOOD GARDENS |
| 3 Mar 2023 | £338,186 | £335,000 | 90 NETHERWOOD GARDENS |
| 6 Jan 2023 | £278,687 | £280,000 | 19 MERRIVILLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Netherwood Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Netherwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Netherwood Close |
| Mar 2024 | Burglary | Under investigation | On or near Brooklyn Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brooklyn Gardens |