Full Address

GL53 9NS

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £543,250 on 1 Sep 2005. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE1

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Transactions for this house
Price PaidDate
£543,2501 Sep 2005
House Details

House Price Models

Land Registry House Price Index Model

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 2005 the House Price Index for GLOUCESTERSHIRE was 85.9.

The House Price Index as of 1 Jun 2019 is 123.4 which is a change of 43.675%.

Applying this 43.675% change to the original purchase price of £543,250 gives us an estimated price now of around £780,515.

1 Sep 2005 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
85.9 123.4 43.675 % £543,250 £237,265 £780,515

The Postcode Pricing Model uses changes in average sales price within the GL53 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 82.820 % £449,917 £993,167
3 Month Average 71.796 % £390,031 £933,281
6 Month Average 68.444 % £371,821 £915,071

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In September 2005 the average sale price for the 50 nearest sales within seven miles of 2 BITTUM FIELD was £281,133.

In October 2019 the average sale price for the 19 nearest sales was £407,117. This is a change of 44.813%.

So taking the original purchase price of £543,250 and adjusting it by 44.813% gives an estimated price of £786,696.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 1 Sep 2005 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£281,133 £407,117 44.813 % £543,250 £243,446 £786,696
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
7 Aug 2019 £800,000 £800,000 BERRYMANS COTTAGE
25 Jul 2019 £275,000 £275,000 1 WOODLAND VIEW
3 Dec 2018 £543,322 £550,000 WOODMANCOTE FARM HOUSE
21 Nov 2018 £390,656 £394,000 1 HAYES LANE
18 Oct 2018 £837,433 £850,000 RIVERSTONE HOUSE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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