£194,532
This estimated value is based upon the latest sale price for the house of £185,500 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,500 | 21 Feb 2022 |
| £165,000 | 6 Mar 2020 |
| £146,000 | 3 Nov 2017 |
| £120,000 | 9 Jan 2013 |
| £42,500 | 31 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 February 2022 the House Price Index for GLOUCESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £185,500 results in an estimated price of approximately £194,532.
| 21 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £185,500 | £9,032 | £194,532 |
The Postcode Pricing Model uses changes in average sales price within the GL10 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 | 61.221 % | £113,564 | £299,064 |
| 3 Month Average | 9.864 % | £18,297 | £203,797 |
| 6 Month Average | 7.883 % | £14,622 | £200,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £191,677 | £190,000 | 17 MELBOURNE CLOSE |
| 28 Jul 2023 | £226,042 | £223,000 | 17 ALBANY |
| 21 Jul 2023 | £299,126 | £295,100 | 22 ALBANY |
| 9 Jun 2023 | £310,764 | £307,000 | 1 MELBOURNE CLOSE |
| 2 Jun 2023 | £200,428 | £198,000 | 19 MELBOURNE CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 30 Dec 2019. Using an estimated price of £194,533 means this house is valued at £4,139 per sq meter (£384 per sq foot).
The average size of a house on GLOUCESTER ROAD is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grosvenor Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Standish Gate |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arrowsmith Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Arrowsmith Drive |