£301,918
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 29 Jan 2016 |
| £228,000 | 27 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 January 2016 the House Price Index for GLOUCESTERSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £220,000 results in an estimated price of approximately £301,918.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £220,000 | £81,918 | £301,918 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 57.126 % | £125,677 | £345,677 |
| 3 Month Average | 47.745 % | £105,039 | £325,039 |
| 6 Month Average | 42.702 % | £93,944 | £313,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £584,607 | £585,000 | 8 CHESTAL TERRACE |
| 26 Jul 2022 | £255,688 | £255,000 | 6 THE ROPE WALK |
| 25 Mar 2022 | £150,564 | £145,295 | 25 FORGE ROAD |
| 25 Mar 2022 | £207,252 | £200,000 | 4 THE ROPE WALK |
| 25 Feb 2022 | £325,095 | £310,000 | 22 FORGE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 14 Jun 2012. Using an estimated price of £301,918 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on THE ROPE WALK is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Phelps Mill Close |
| Feb 2024 | Anti-social behaviour | On or near Phelps Mill Close | |
| Feb 2024 | Anti-social behaviour | On or near Phelps Mill Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Close |