£369,717
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 July 2017 the House Price Index for GLOUCESTERSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £290,000 results in an estimated price of approximately £369,717.
| 20 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £290,000 | £79,717 | £369,717 |
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 | 61.877 % | £179,442 | £469,442 |
| 3 Month Average | 20.737 % | £60,136 | £350,136 |
| 6 Month Average | 20.895 % | £60,595 | £350,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £406,011 | £400,000 | 112 BROOKLYN ROAD |
| 29 Sep 2023 | £349,468 | £345,000 | 247 BROOKLYN ROAD |
| 13 Sep 2023 | £275,523 | £272,000 | 53 MERRIVILLE ROAD |
| 31 Aug 2023 | £428,751 | £425,000 | 11 MERRIVILLE ROAD |
| 30 Aug 2023 | £469,104 | £465,000 | 241 BROOKLYN ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 10 Jan 2017. Using an estimated price of £369,718 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on MERRIVILLE ROAD is 81 sq meters (875 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merriville Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Merriville Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merriville Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Wharfdale Square |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Penharva Close |