£196,932
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Mar 2008. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Mar 2008 |
| £100,000 | 31 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 870 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 March 2008 the House Price Index for GLOUCESTERSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £125,000 results in an estimated price of approximately £196,932.
| 6 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £125,000 | £71,932 | £196,932 |
The Postcode Pricing Model uses changes in average sales price within the GL17 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 | 45.148 % | £56,434 | £181,434 |
| 3 Month Average | 0.979 % | £1,223 | £126,223 |
| 6 Month Average | 26.002 % | £32,503 | £157,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £267,339 | £265,000 | OLD BANK HOUSE HAWKERS HILL |
| 22 Dec 2021 | £298,914 | £279,000 | 1 NOURSE PLACE |
| 30 Jul 2021 | £192,502 | £167,500 | 25 DEAN MEADOWS |
| 25 Jun 2021 | £241,408 | £225,000 | 37 COLCHESTER CLOSE |
| 25 Jun 2021 | £91,199 | £85,000 | 36 THE MERRIN |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 29 Sep 2010. Using an estimated price of £196,932 means this house is valued at £2,435 per sq meter (£226 per sq foot).
The average size of a house on THE MERRIN is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Merrin | |
| Feb 2024 | Anti-social behaviour | On or near The Merrin | |
| Feb 2024 | Shoplifting | Suspect charged as part of another case | On or near The Merrin |
| Jan 2024 | Anti-social behaviour | On or near The Merrin | |
| Jan 2024 | Anti-social behaviour | On or near The Merrin |