£223,330
This estimated value is based upon the latest sale price for the house of £184,000 on 10 Sep 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Wells Road
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Price Paid | Date |
---|---|
£184,000 | 10 Sep 2019 |
£142,500 | 23 May 2014 |
£144,000 | 23 Apr 2008 |
£90,000 | 3 Oct 2003 |
£90,000 | 3 Oct 2003 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 September 2019 the House Price Index for GLOUCESTERSHIRE was 121.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 21.375%.Applying this 21.375% change to the original purchase price of £184,000 results in an estimated price of approximately £223,330.
10 Sep 2019 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 147.0 | 21.375 % | £184,000 | £39,330 | £223,330 |
The Postcode Pricing Model uses changes in average sales price within the GL4 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 | 15.264 % | £28,085 | £212,085 |
3 Month Average | 19.986 % | £36,773 | £220,773 |
6 Month Average | 26.583 % | £48,912 | £232,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £348,814 | £350,000 | 18A GROVE CRESCENT |
11 Aug 2023 | £163,885 | £165,000 | 77 WELLS ROAD |
19 Oct 2022 | £425,449 | £435,000 | 18 GROVE CRESCENT |
15 Jul 2022 | £255,738 | £258,000 | 30 LICHFIELD ROAD |
27 May 2022 | £392,940 | £390,000 | 13 GROVE CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Feb 2014. Using an estimated price of £223,331 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on WELLS ROAD is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Wells Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Wells Road |
Nov 2023 | Burglary | Investigation complete; no suspect identified | On or near Wells Road |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |