£340,034
This estimated value is based upon the latest sale price for the house of £335,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Southfield Road
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| Price Paid | Date |
|---|---|
| £335,000 | 10 Nov 2023 |
| £91,000 | 25 Aug 2000 |
| £94,000 | 17 Apr 1998 |
| 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 November 2023 the House Price Index for GLOUCESTERSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £335,000 results in an estimated price of approximately £340,034.
| 10 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £335,000 | £5,034 | £340,034 |
The Postcode Pricing Model uses changes in average sales price within the GL16 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 | 10.804 % | £36,193 | £371,193 |
| 3 Month Average | 1.978 % | £6,625 | £341,625 |
| 6 Month Average | -9.826 % | £-32,915 | £302,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £103,533 | £102,000 | FLAT 5 45 GLOUCESTER ROAD |
| 10 Nov 2023 | £340,034 | £335,000 | 17 ORCHARD ROAD |
| 22 Sep 2023 | £128,645 | £127,000 | 4 KINGS HEAD APARTMENTS SPOUT LANE |
| 7 Jul 2023 | £126,705 | £125,000 | 13 GLOUCESTER ROAD |
| 28 Jun 2023 | £369,475 | £365,000 | 26 ORCHARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Southfield Road |
| Feb 2024 | Anti-social behaviour | On or near Bank Close | |
| Feb 2024 | Anti-social behaviour | On or near Bank Close | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bank Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bank Close |