£174,847
This estimated value is based upon the latest sale price for the house of £162,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£162,000 | 15 Dec 2021 |
£150,000 | 11 Jun 2018 |
£130,000 | 26 May 2006 |
£40,000 | 24 Sep 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 596 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 December 2021 the House Price Index for GLOUCESTERSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £162,000 results in an estimated price of approximately £174,847.
15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £162,000 | £12,847 | £174,847 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 3.306 % | £5,355 | £167,355 |
3 Month Average | -1.295 % | £-2,097 | £159,902 |
6 Month Average | 9.743 % | £15,783 | £177,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £380,851 | £375,000 | 12 WEYHOUSE CLOSE |
15 Dec 2023 | £283,718 | £275,000 | CORNER COTTAGE |
1 Dec 2023 | £185,706 | £180,000 | FLAT 3 THE OLD MILL BOWBRIDGE LOCK |
2 Jun 2023 | £293,379 | £287,500 | 14 BOWBRIDGE LOCK |
30 Mar 2023 | £218,652 | £215,000 | HOMELEIGH BUTTERROW HILL |
This house has a floor area of 55 sq meters or 596 sq feet when measured on 11 Mar 2009. Using an estimated price of £174,848 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on BOWBRIDGE LOCK is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butterrow Hill |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butterrow Hill |
Jun 2024 | Other theft | Under investigation | On or near Bus/Coach Station |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Bus/Coach Station |
May 2024 | Anti-social behaviour | On or near Bus/Coach Station |