£206,144
This estimated value is based upon the latest sale price for the house of £157,210 on 13 Dec 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,210 | 13 Dec 2016 |
| £185,002 | 31 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2016 the House Price Index for GLOUCESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £157,210 results in an estimated price of approximately £206,144.
| 13 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £157,210 | £48,934 | £206,144 |
The Postcode Pricing Model uses changes in average sales price within the GL8 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 | 60.178 % | £94,605 | £251,815 |
| 3 Month Average | 33.148 % | £52,112 | £209,322 |
| 6 Month Average | 29.868 % | £46,955 | £204,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £410,000 | £410,000 | 13 GUMSTOOL HILL |
| 18 Dec 2023 | £936,384 | £920,000 | 9 GUMSTOOL HILL |
| 6 Sep 2023 | £2,836,265 | £2,800,000 | CHIPPING CROFT CIRENCESTER ROAD |
| 31 Aug 2023 | £121,059 | £120,000 | FLAT 3 CAVENDISH HOUSE CHANTRY COURT |
| 7 Jul 2023 | £1,571,146 | £1,550,000 | 1 THE CHIPPING |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Dec 2016. Using an estimated price of £206,144 means this house is valued at £2,903 per sq meter (£269 per sq foot).
The average size of a house on THE CHIPPING is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gumstool Hill |
| Jan 2024 | Anti-social behaviour | On or near Chantry Court | |
| Jan 2024 | Anti-social behaviour | On or near Chantry Court | |
| Jan 2024 | Anti-social behaviour | On or near Chantry Court | |
| Feb 2024 | Anti-social behaviour | On or near Chipping Street |