£447,404
This estimated value is based upon the latest sale price for the house of £370,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 17 Jul 2020 |
| £225,000 | 7 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2020 the House Price Index for GLOUCESTERSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £370,000 results in an estimated price of approximately £447,404.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £370,000 | £77,404 | £447,404 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 31.380 % | £116,106 | £486,106 |
| 3 Month Average | 38.888 % | £143,885 | £513,885 |
| 6 Month Average | 18.009 % | £66,631 | £436,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £607,771 | £600,000 | 31 KINGSHILL ROAD |
| 7 Aug 2023 | £287,515 | £285,000 | 77 GARDEN SUBURB |
| 29 Jul 2022 | £213,575 | £213,000 | 15 GARDEN SUBURB |
| 25 Feb 2022 | £288,391 | £275,000 | 16 GARDEN SUBURB |
| 7 Jan 2022 | £397,155 | £377,377 | 80 KINGSHILL ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 5 Dec 2019. Using an estimated price of £447,405 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on CEDAR DRIVE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cedar Drive |
| Jan 2024 | Anti-social behaviour | On or near Cedar Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cedar Drive |