£324,177
This estimated value is based upon the latest sale price for the house of £240,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2016 the House Price Index for GLOUCESTERSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £240,000 results in an estimated price of approximately £324,177.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £240,000 | £84,177 | £324,177 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 48.125 % | £115,500 | £355,500 |
| 3 Month Average | 13.722 % | £32,932 | £272,932 |
| 6 Month Average | 24.044 % | £57,704 | £297,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £208,081 | £205,000 | 30 MONTPELLIER SPA ROAD |
| 21 Jul 2023 | £679,141 | £670,000 | 36A THE BROAD WALK |
| 7 Jul 2023 | £278,752 | £275,000 | FLAT 1 2 MONTPELLIER SPA ROAD |
| 28 Apr 2023 | £545,878 | £540,000 | 46E MONTPELLIER SPA ROAD |
| 14 Apr 2023 | £571,150 | £565,000 | 46C MONTPELLIER SPA ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 May 2021. Using an estimated price of £324,177 means this house is valued at £5,494 per sq meter (£510 per sq foot).
The average size of a house on MONTPELLIER SPA ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Montpellier Spa Road |
| Feb 2024 | Anti-social behaviour | On or near Montpellier Spa Road | |
| Feb 2024 | Anti-social behaviour | On or near Montpellier Spa Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montpellier Spa Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Imperial |