£321,949
This estimated value is based upon the latest sale price for the house of £157,500 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,500 | 8 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 April 2004 the House Price Index for GLOUCESTERSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £157,500 results in an estimated price of approximately £321,949.
| 8 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £157,500 | £164,449 | £321,949 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 121.159 % | £190,824 | £348,324 |
| 3 Month Average | 91.363 % | £143,897 | £301,397 |
| 6 Month Average | 90.004 % | £141,756 | £299,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £268,982 | £265,000 | 14 CHAPMAN WAY |
| 29 Sep 2023 | £283,626 | £280,000 | 4 CHAPMAN WAY |
| 23 Jun 2023 | £242,943 | £240,000 | 9 ALMA CLOSE |
| 8 Jul 2022 | £265,715 | £265,000 | 42 ALMA ROAD |
| 27 Sep 2021 | £296,338 | £275,000 | 29 ALMA CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 31 Aug 2015. Using an estimated price of £321,949 means this house is valued at £5,962 per sq meter (£553 per sq foot).
The average size of a house on ALMA ROAD is 112 sq meters (1,206 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alma Road |
| Feb 2024 | Anti-social behaviour | On or near Penrith Close | |
| Feb 2024 | Anti-social behaviour | On or near Penrith Close | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Gwernant Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gwernant Road |