This estimated value is based upon the latest sale price for the house of £305,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE1
Get our free house price tracker.
|£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 126.3.The House Price Index as of 1 Dec 2019 is 124.6 which is a change of -1.326%.
Applying this -1.326% change to the original purchase price of £305,000 gives us an estimated price now of around £300,954.
|30 Aug 2019||1 Dec 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||17.264 %||£52,656||£357,656|
|3 Month Average||6.206 %||£18,927||£323,927|
|6 Month Average||2.975 %||£9,073||£314,073|
|Date||Current Estimated Value||Price Paid||Address|
|10 Sep 2019||£374,518||£380,000||30 PARK VIEW|
|30 Aug 2019||£300,954||£305,000||202 STRATTON HEIGHTS|
|12 Jun 2019||£222,026||£220,000||40 STRATTON HEIGHTS|
|23 May 2019||£441,075||£435,000||5 STRATTON HEIGHTS|
|5 Dec 2018||£229,745||£230,000||226 STRATTON HEIGHTS|