£659,767
This estimated value is based upon the latest sale price for the house of £650,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £650,000 | 24 Nov 2023 |
| £525,000 | 30 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 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 £650,000 results in an estimated price of approximately £659,767.
| 24 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £650,000 | £9,767 | £659,767 |
The Postcode Pricing Model uses changes in average sales price within the GL56 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 | -2.851 % | £-18,534 | £631,465 |
| 3 Month Average | -12.822 % | £-83,345 | £566,654 |
| 6 Month Average | -14.588 % | £-94,819 | £555,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £659,768 | £650,000 | 2 MERLIN CLOSE |
| 11 Aug 2023 | £216,897 | £215,000 | 4 KESTREL CLOSE |
| 14 Jul 2023 | £207,797 | £205,000 | 29 MERLIN AVENUE |
| 29 Jun 2023 | £222,698 | £220,000 | 5 KESTREL CLOSE |
| 23 Feb 2023 | £204,862 | £205,000 | 49 MERLIN AVENUE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 28 Nov 2013. Using an estimated price of £659,768 means this house is valued at £4,815 per sq meter (£447 per sq foot).
The average size of a house on MERLIN CLOSE is 249 sq meters (2,685 sq feet).
This house is the smallest in the street with a floor area of 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Curlew Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Curlew Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Curlew Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Curlew Close |