£431,381
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 25 Nov 2016 |
| £107,700 | 8 Jul 1999 |
| £85,500 | 8 May 1998 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2016 the House Price Index for GLOUCESTERSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £325,000 results in an estimated price of approximately £431,381.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £325,000 | £106,381 | £431,381 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | -0.975 % | £-3,169 | £321,830 |
| 3 Month Average | 19.530 % | £63,472 | £388,472 |
| 6 Month Average | 28.207 % | £91,671 | £416,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £284,369 | £280,000 | 132 THE BASSETTS |
| 20 Dec 2021 | £162,975 | £151,000 | 53 HAWTHORN RISE |
| 17 Nov 2021 | £245,142 | £225,000 | 12 PERRY ORCHARD |
| 18 Oct 2021 | £438,065 | £393,000 | 20 THE BRUSH |
| 29 Jul 2021 | £142,985 | £123,500 | 97 HAWTHORN RISE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 15 Oct 2015. Using an estimated price of £431,382 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on WESTRIP LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Rise |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Redhouse Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Redhouse Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |