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|£305,000||30 Aug 2019|
|£275,000||29 Jul 2016|
|£240,000||25 Jan 2008|
|£91,000||12 May 1999|
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 August 2019 the House Price Index for GLOUCESTERSHIRE was 123.4.The House Price Index as of 1 Jun 2019 is 123.4 which is a change of 0.000%.
Applying this 0.000% change to the original purchase price of £305,000 gives us an estimated price now of around £305,000.
|30 Aug 2019||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the GL7 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||3.163 %||£9,647||£314,647|
|3 Month Average||-0.006 %||£-18||£304,981|
|6 Month Average||3.468 %||£10,577||£315,577|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In August 2019 the average sale price for the 50 nearest sales within nine miles of 202 STRATTON HEIGHTS was £417,077.
In October 2019 the average sale price for the 16 nearest sales was £388,325. This is a change of -6.894%.
So taking the original purchase price of £305,000 and adjusting it by -6.894% gives an estimated price of £283,974.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 30 Aug 2019||Average price on 31 Oct 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|12 Jun 2019||£220,000||£220,000||40 STRATTON HEIGHTS|
|23 May 2019||£434,660||£435,000||5 STRATTON HEIGHTS|
|20 Nov 2018||£245,399||£247,500||162 STRATTON HEIGHTS|
|13 Sep 2018||£409,078||£415,000||2A GALLOWS POUND LANE|
|7 Sep 2018||£248,404||£252,000||194 STRATTON HEIGHTS|