£154,435
This estimated value is based upon the latest sale price for the house of £115,000 on 3 May 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 3 May 2016 |
| £62,500 | 23 Nov 2001 |
| £42,000 | 10 Sep 1999 |
| £45,995 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2016 the House Price Index for GLOUCESTERSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £115,000 results in an estimated price of approximately £154,435.
| 3 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £115,000 | £39,435 | £154,435 |
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 | 45.711 % | £52,567 | £167,567 |
| 3 Month Average | 67.993 % | £78,191 | £193,191 |
| 6 Month Average | 45.587 % | £52,424 | £167,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £162,752 | £161,000 | 15 CLAUDIUS WAY |
| 3 Mar 2023 | £166,569 | £165,000 | 19 CLAUDIUS WAY |
| 19 Apr 2022 | £191,543 | £186,000 | 3 OCTAVIA PLACE |
| 28 Jan 2022 | £197,853 | £188,000 | 16 OCTAVIA PLACE |
| 7 Jan 2022 | £310,460 | £295,000 | 3 MINERVA WALK |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 26 Jan 2016. Using an estimated price of £154,435 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on OCTAVIA PLACE is 59 sq meters (643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Octavia Place |
| Jan 2024 | Burglary | Under investigation | On or near Beauchamp Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Close |
| Mar 2024 | Anti-social behaviour | On or near River View |