£326,270
This estimated value is based upon the latest sale price for the house of £255,000 on 16 Aug 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 16 Aug 2017 |
£127,500 | 3 Aug 2001 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,018 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 August 2017 the House Price Index for GLOUCESTERSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £255,000 results in an estimated price of approximately £326,270.
16 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £255,000 | £71,270 | £326,270 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 27.638 % | £70,478 | £325,478 |
3 Month Average | 11.010 % | £28,075 | £283,075 |
6 Month Average | 29.605 % | £75,493 | £330,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £446,866 | £440,000 | 14 CASTLE RISE |
21 Aug 2023 | £193,490 | £190,000 | FLAT 6 BLACKBOY HOUSE CASTLE STREET |
31 Mar 2023 | £183,057 | £180,000 | FLAT 7 CASTLE COURT CASTLE STREET |
3 Feb 2023 | £145,975 | £145,000 | FLAT 9 CASTLE COURT CASTLE STREET |
12 Jan 2023 | £195,522 | £195,000 | FLAT 10 CASTLE COURT CASTLE STREET |
This house has a floor area of 94 sq meters or 1,018 sq feet when measured on 6 Jul 2011. Using an estimated price of £326,270 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on CASTLE RISE is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Castle Rise |
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Castle Rise |
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Castle Rise |
May 2024 | Anti-social behaviour | On or near Castle Rise | |
May 2024 | Anti-social behaviour | On or near Castle Rise |