£348,197
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 16 Dec 2021 |
| £222,500 | 9 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for GLOUCESTERSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £325,000 results in an estimated price of approximately £348,197.
| 16 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £325,000 | £23,197 | £348,197 |
The Postcode Pricing Model uses changes in average sales price within the GL15 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 | -11.222 % | £-36,471 | £288,528 |
| 3 Month Average | 7.497 % | £24,363 | £349,363 |
| 6 Month Average | 1.937 % | £6,295 | £331,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £412,212 | £405,000 | 9 MELVILLE WATTS CLOSE |
| 30 Nov 2023 | £289,283 | £285,000 | 19 EDWIN JONES WAY |
| 27 Nov 2023 | £456,762 | £450,000 | 20 EDWIN JONES WAY |
| 29 Sep 2023 | £186,383 | £184,000 | 21 MEADOWBANK |
| 10 Aug 2023 | £408,574 | £405,000 | 5 MELVILLE WATTS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Mar 2016. Using an estimated price of £348,198 means this house is valued at £4,407 per sq meter (£409 per sq foot).
The average size of a house on MEADOWBANK is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Acorn Drive |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Gordon Sargent Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gordon Sargent Close |