£201,402
This estimated value is based upon the latest sale price for the house of £39,000 on 17 Apr 1997. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Redwood Close
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| Price Paid | Date |
|---|---|
| £39,000 | 17 Apr 1997 |
| 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 April 1997 the House Price Index for GLOUCESTERSHIRE was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.416%.Applying this 416.416% change to the original purchase price of £39,000 results in an estimated price of approximately £201,402.
| 17 Apr 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.416 % | £39,000 | £162,402 | £201,402 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 258.901 % | £100,971 | £139,971 |
| 3 Month Average | 388.632 % | £151,566 | £190,566 |
| 6 Month Average | 422.318 % | £164,704 | £203,704 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 4 May 2016.
The average size of a house on REDWOOD CLOSE is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Redwood Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Redwood Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Redwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redwood Close |