£259,563
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 29 Nov 2021 |
| £140,000 | 15 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2021 the House Price Index for GLOUCESTERSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £240,000 results in an estimated price of approximately £259,563.
| 29 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £240,000 | £19,563 | £259,563 |
The Postcode Pricing Model uses changes in average sales price within the GL10 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 | 95.833 % | £229,999 | £469,999 |
| 3 Month Average | 59.405 % | £142,572 | £382,572 |
| 6 Month Average | 32.315 % | £77,557 | £317,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £258,832 | £255,000 | 16 CHESTNUT AVENUE |
| 25 Aug 2023 | £252,206 | £250,000 | TRADE WINDS WOODCOCK LANE |
| 16 Aug 2023 | £270,365 | £268,000 | 8 ROBIN COURT |
| 14 Jul 2023 | £228,070 | £225,000 | 5 GLEN COURT |
| 18 Nov 2022 | £247,008 | £250,000 | 31A GLOUCESTER ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Feb 2015. Using an estimated price of £259,563 means this house is valued at £3,018 per sq meter (£280 per sq foot).
The average size of a house on CHESTNUT AVENUE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Glen Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B4008 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B4008 |