£198,497
This estimated value is based upon the latest sale price for the house of £136,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£136,000 | 27 May 2015 |
£59,000 | 16 Aug 2000 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 559 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 May 2015 the House Price Index for GLOUCESTERSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £136,000 results in an estimated price of approximately £198,497.
27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £136,000 | £62,497 | £198,497 |
The Postcode Pricing Model uses changes in average sales price within the GL13 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 | 149.423 % | £203,215 | £339,215 |
3 Month Average | 102.156 % | £138,931 | £274,931 |
6 Month Average | 60.469 % | £82,237 | £218,237 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £426,312 | £420,000 | 36 LEAZE CLOSE |
28 Jul 2023 | £228,070 | £225,000 | 16 GILBERT HILL |
7 Jul 2023 | £223,001 | £220,000 | 16 SEVERN DRIVE |
27 May 2022 | £323,597 | £317,500 | 34 LEAZE CLOSE |
9 May 2022 | £224,225 | £220,000 | 8 FITZHARDINGE WAY |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 Sep 2017. Using an estimated price of £198,497 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on SEVERN DRIVE is 61 sq meters (664 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Forest View Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest View Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Berrycroft |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Marybrook Street |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Leaze Close |