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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|£543,250||1 Sep 2005|
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 Dec 2019 is 124.6 which is a change of 45.017%.
Applying this 45.017% change to the original purchase price of £543,250 gives us an estimated price now of around £787,806.
|1 Sep 2005||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
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||79.243 %||£430,484||£973,734|
|3 Month Average||46.400 %||£252,067||£795,317|
|6 Month Average||66.435 %||£360,907||£904,157|
|Date||Current Estimated Value||Price Paid||Address|
|23 Aug 2019||£784,455||£795,000||MEADOWBANK COCKLEFORD|
|7 Aug 2019||£789,389||£800,000||BERRYMANS COTTAGE|
|17 May 2019||£309,260||£305,000||3 THE GREEN|
|14 Dec 2018||£747,171||£748,000||WALNUT COTTAGE|
|3 Dec 2018||£549,391||£550,000||WOODMANCOTE FARM HOUSE|