£354,354
This estimated value is based upon the latest sale price for the house of £310,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 22 Dec 2020 |
| £249,000 | 30 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2020 the House Price Index for GLOUCESTERSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £310,000 results in an estimated price of approximately £354,354.
| 22 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £310,000 | £44,354 | £354,354 |
The Postcode Pricing Model uses changes in average sales price within the GL56 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 | -14.456 % | £-44,813 | £265,186 |
| 3 Month Average | -12.290 % | £-38,097 | £271,902 |
| 6 Month Average | -4.761 % | £-14,760 | £295,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £565,348 | £560,000 | 2 SUMMERS WAY |
| 21 Apr 2023 | £554,118 | £550,000 | 40 SUMMERS WAY |
| 3 Apr 2023 | £377,808 | £375,000 | 26 LYSANDER WAY |
| 17 Mar 2023 | £422,283 | £420,000 | 1 LYSANDER WAY |
| 21 Feb 2023 | £276,194 | £277,500 | 64 LYSANDER WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 26 Jun 2015. Using an estimated price of £354,355 means this house is valued at £4,602 per sq meter (£427 per sq foot).
The average size of a house on LANCASTER CORNER is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Corner |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meteor Link |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Anson Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Proctor Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Proctor Road |