£399,142
This estimated value is based upon the latest sale price for the house of £320,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 25 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2018 the House Price Index for GLOUCESTERSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £320,000 results in an estimated price of approximately £399,142.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £320,000 | £79,142 | £399,142 |
The Postcode Pricing Model uses changes in average sales price within the GL8 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 | 52.062 % | £166,599 | £486,599 |
| 3 Month Average | 38.700 % | £123,840 | £443,840 |
| 6 Month Average | 25.081 % | £80,257 | £400,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £411,601 | £408,000 | 4 ROSEBLADE WALK |
| 7 Jul 2023 | £347,173 | £342,500 | 67 LONDON ROAD |
| 27 Jun 2023 | £290,519 | £287,000 | 14 LEWSEY COURT MERCER WAY |
| 13 Feb 2023 | £379,744 | £380,000 | 77 LONDON ROAD |
| 9 Feb 2023 | £139,906 | £140,000 | 19 GLOVERS WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Sep 2017. Using an estimated price of £399,142 means this house is valued at £4,386 per sq meter (£407 per sq foot).
The average size of a house on LONDON ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Glovers Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near De Borg Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near De Borg Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Dec 2023 | Other crime | Under investigation | On or near Mercer Way |