£123,503
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Nov 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Nov 2022 |
| £120,000 | 12 Jul 2022 |
| £50,000 | 9 Jun 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 37 sq meters or 405 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 2022 the House Price Index for GLOUCESTERSHIRE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £125,000 results in an estimated price of approximately £123,503.
| 7 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £125,000 | £-1,496 | £123,503 |
The Postcode Pricing Model uses changes in average sales price within the GL16 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 | -45.049 % | £-56,311 | £68,688 |
| 3 Month Average | -18.989 % | £-23,736 | £101,263 |
| 6 Month Average | -13.899 % | £-17,373 | £107,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £244,274 | £240,000 | 32 MARKET PLACE |
| 17 Nov 2023 | £103,533 | £102,000 | FLAT 5 45 GLOUCESTER ROAD |
| 3 Nov 2023 | £152,254 | £150,000 | 12C LORDS HILL |
| 22 Sep 2023 | £128,645 | £127,000 | 4 KINGS HEAD APARTMENTS SPOUT LANE |
| 31 Jul 2023 | £192,592 | £190,000 | 23 MARKET PLACE |
This house has a floor area of 37 sq meters or 405 sq feet when measured on 12 Feb 2010. Using an estimated price of £123,504 means this house is valued at £3,279 per sq meter (£304 per sq foot).
The average size of a house on GLOUCESTER ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Jan 2024 | Anti-social behaviour | On or near Police Station | |
| Jan 2024 | Anti-social behaviour | On or near Police Station | |
| Jan 2024 | Anti-social behaviour | On or near Police Station | |
| Dec 2023 | Anti-social behaviour | On or near Police Station |