£234,369
This estimated value is based upon the latest sale price for the house of £235,000 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 19 Aug 2022 |
| £147,000 | 3 Mar 2006 |
| £126,000 | 17 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 August 2022 the House Price Index for GLOUCESTERSHIRE was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £235,000 results in an estimated price of approximately £234,369.
| 19 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £235,000 | £-630 | £234,369 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | -38.904 % | £-91,423 | £143,576 |
| 3 Month Average | -12.774 % | £-30,019 | £204,980 |
| 6 Month Average | 0.413 % | £969 | £235,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £271,374 | £269,000 | 54 DRIFT WAY |
| 14 Aug 2023 | £331,399 | £328,500 | 10 REEVES CLOSE |
| 28 Jul 2023 | £314,229 | £310,000 | 11 DRIFT CLOSE |
| 19 Aug 2022 | £234,369 | £235,000 | 16 DRIFT CLOSE |
| 1 Apr 2022 | £267,748 | £260,000 | 98 DRIFT WAY |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 May 2013. Using an estimated price of £234,369 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on DRIFT CLOSE is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Reeves Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drift Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drift Way |
| Mar 2024 | Anti-social behaviour | On or near Drift Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kemble Drive |