£235,486
This estimated value is based upon the latest sale price for the house of £232,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 17 Nov 2023 |
| £145,000 | 26 Aug 2015 |
| £135,000 | 18 Sep 2013 |
| £129,500 | 27 Oct 2006 |
| £117,000 | 29 Apr 2005 |
| £69,950 | 8 Mar 2002 |
| £49,950 | 19 Apr 2000 |
| £40,950 | 30 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for GLOUCESTERSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £232,000 results in an estimated price of approximately £235,486.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £232,000 | £3,486 | £235,486 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 12.393 % | £28,751 | £260,751 |
| 3 Month Average | 0.357 % | £828 | £232,828 |
| 6 Month Average | -9.188 % | £-21,315 | £210,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £274,808 | £270,000 | 30A SECOND AVENUE |
| 17 Nov 2023 | £320,992 | £316,240 | 43 FIRST AVENUE |
| 17 Nov 2023 | £235,486 | £232,000 | 7 FIRST AVENUE |
| 29 Sep 2023 | £197,526 | £195,000 | 25 FIRST AVENUE |
| 15 Sep 2023 | £227,914 | £225,000 | 23 FIRST AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Jun 2013. Using an estimated price of £235,486 means this house is valued at £3,364 per sq meter (£312 per sq foot).
The average size of a house on FIRST AVENUE is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near First Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Second Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |