£316,232
This estimated value is based upon the latest sale price for the house of £97,500 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,500 | 26 Oct 2001 |
| £69,500 | 19 Jun 1998 |
| Terraced |
| 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 October 2001 the House Price Index for GLOUCESTERSHIRE was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £97,500 results in an estimated price of approximately £316,232.
| 26 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £97,500 | £218,732 | £316,232 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | 93.629 % | £91,288 | £188,788 |
| 3 Month Average | 208.791 % | £203,571 | £301,071 |
| 6 Month Average | 207.291 % | £202,108 | £299,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £268,249 | £265,000 | 4 ORMEROD ROAD |
| 22 Jun 2023 | £323,924 | £320,000 | 3 ORCHARD FARM CLOSE |
| 16 Jun 2023 | £263,188 | £260,000 | 44 ORMEROD ROAD |
| 17 Nov 2022 | £249,478 | £252,500 | 46 ORMEROD ROAD |
| 17 Jan 2022 | £252,578 | £240,000 | 18 ORMEROD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Norse Way |
| Feb 2024 | Other crime | Formal action is not in the public interest | On or near Ormerod Road |
| Feb 2024 | Other crime | Formal action is not in the public interest | On or near Ormerod Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormerod Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormerod Road |