£993,063
This estimated value is based upon the latest sale price for the house of £520,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 3 Sep 2004 |
| £353,000 | 15 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,816 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 September 2004 the House Price Index for GLOUCESTERSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £520,000 results in an estimated price of approximately £993,063.
| 3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £520,000 | £473,063 | £993,063 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 67.355 % | £350,244 | £870,244 |
| 3 Month Average | 40.438 % | £210,275 | £730,275 |
| 6 Month Average | 70.058 % | £364,303 | £884,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £1,245,900 | £1,235,000 | 12 LAURISTON PARK |
| 25 Aug 2023 | £1,029,002 | £1,020,000 | 18 LAURISTON PARK |
| 8 Aug 2023 | £600,251 | £595,000 | 32 LAURISTON PARK |
| 8 Apr 2022 | £592,134 | £575,000 | 30 LAURISTON PARK |
| 28 Jan 2022 | £468,322 | £445,000 | NEW BUNGALOW MERESTONES ROAD |
This house has a floor area of 168 sq meters or 1,816 sq feet when measured on 28 Feb 2012. Using an estimated price of £993,063 means this house is valued at £5,883 per sq meter (£546 per sq foot).
The average size of a house on BILLINGS WAY is 229 sq meters (2,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merestones Drive | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestones Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hazlewood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazlewood Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sir Charles Irving Close |