£182,250
This estimated value is based upon the latest sale price for the house of £49,000 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,000 | 7 Jul 2000 |
| £31,950 | 13 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
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 July 2000 the House Price Index for GLOUCESTERSHIRE was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £49,000 results in an estimated price of approximately £182,250.
| 7 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £49,000 | £133,250 | £182,250 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 300.242 % | £147,118 | £196,118 |
| 3 Month Average | 227.789 % | £111,616 | £160,616 |
| 6 Month Average | 234.741 % | £115,023 | £164,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £225,977 | £224,000 | 8 SCHOOL MEAD |
| 28 Jul 2023 | £324,366 | £320,000 | 5 PARKBURY CLOSE |
| 29 Jun 2023 | £263,188 | £260,000 | 4 ESSEX AVENUE |
| 17 Feb 2023 | £109,926 | £110,000 | 14 SCHOOL MEAD |
| 26 Jan 2023 | £261,518 | £262,750 | 3 LYNDALE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Mead |
| Mar 2024 | Public order | Under investigation | On or near School Mead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Mead |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near School Mead |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near School Mead |