£281,402
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Feb 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 13 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2020 the House Price Index for GLOUCESTERSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £230,000 results in an estimated price of approximately £281,402.
| 13 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £230,000 | £51,402 | £281,402 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | -35.444 % | £-81,520 | £148,479 |
| 3 Month Average | 10.413 % | £23,950 | £253,950 |
| 6 Month Average | 17.306 % | £39,804 | £269,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | FLAT B LANE LODGE, 37 COUNTESS LILIAS ROAD |
| 6 Apr 2023 | £434,680 | £430,000 | 28 ALEXANDER DRIVE |
| 23 Feb 2023 | £574,613 | £575,000 | 41 ALEXANDER DRIVE |
| 19 Aug 2022 | £548,524 | £550,000 | CRANHAMS COTTAGE CRANHAMS LANE |
| 18 Jul 2022 | £364,982 | £364,000 | 31 CRANHAMS LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Jan 2020. Using an estimated price of £281,403 means this house is valued at £3,854 per sq meter (£358 per sq foot).
The average size of a house on CRANHAMS LANE is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Countess Lilias Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Countess Lilias Road |
| Mar 2024 | Public order | Under investigation | On or near Countess Lilias Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Countess Lilias Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Countess Lilias Road |