£202,216
This estimated value is based upon the latest sale price for the house of £162,000 on 9 Apr 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 9 Apr 2018 |
| £145,000 | 30 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2018 the House Price Index for GLOUCESTERSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £162,000 results in an estimated price of approximately £202,216.
| 9 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £162,000 | £40,216 | £202,216 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | 67.743 % | £109,744 | £271,744 |
| 3 Month Average | 34.992 % | £56,686 | £218,686 |
| 6 Month Average | 28.400 % | £46,007 | £208,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £125,000 | £125,000 | 1 WARWICK PLACE |
| 3 Mar 2023 | £239,254 | £237,000 | 28 WARWICK PLACE |
| 6 May 2022 | £229,321 | £225,000 | 53 DESPENSER ROAD |
| 16 Nov 2021 | £93,010 | £86,000 | 20 HASTINGS PLACE |
| 28 Oct 2021 | £284,918 | £257,500 | 35 MARGARETS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Nov 2017. Using an estimated price of £202,217 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on DESPENSER ROAD is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Margaret Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Road |
| Feb 2024 | Anti-social behaviour | On or near Margaret Road | |
| Feb 2024 | Anti-social behaviour | On or near Margaret Road | |
| Jan 2024 | Anti-social behaviour | On or near Margaret Road |