£240,565
This estimated value is based upon the latest sale price for the house of £207,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £207,500 | 6 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GLOUCESTERSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £207,500 results in an estimated price of approximately £240,565.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £207,500 | £33,065 | £240,565 |
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 | 54.149 % | £112,358 | £319,858 |
| 3 Month Average | 10.730 % | £22,265 | £229,765 |
| 6 Month Average | 5.812 % | £12,060 | £219,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £279,897 | £275,000 | 10 SPRINGBANK GROVE |
| 30 Nov 2023 | £233,456 | £230,000 | 9 ASTON GROVE |
| 9 Feb 2023 | £314,788 | £315,000 | 39 SPRINGBANK GROVE |
| 2 Feb 2023 | £247,833 | £248,000 | 18 TIVERTON CLOSE |
| 19 Jan 2023 | £204,039 | £205,000 | 8 ASTON GROVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Sep 2020. Using an estimated price of £240,566 means this house is valued at £3,436 per sq meter (£319 per sq foot).
The average size of a house on SPRINGBANK GROVE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dunster Grove |
| Jan 2024 | Other crime | Formal action is not in the public interest | On or near Dunster Grove |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Magnolia Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Magnolia Court |