£477,040
This estimated value is based upon the latest sale price for the house of £390,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 1 May 2020 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 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 22.318%.Applying this 22.318% change to the original purchase price of £390,000 results in an estimated price of approximately £477,040.
| 1 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £390,000 | £87,040 | £477,040 |
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 | 88.962 % | £346,950 | £736,950 |
| 3 Month Average | 11.755 % | £45,843 | £435,843 |
| 6 Month Average | 17.216 % | £67,142 | £457,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £391,856 | £385,000 | 11 QUAIL MEADOWS |
| 7 Nov 2023 | £756,195 | £745,000 | WELL COTTAGE, 18 CHAVENAGE LANE |
| 11 Aug 2023 | £393,442 | £390,000 | 23 QUAIL MEADOWS |
| 28 Jul 2022 | £859,313 | £857,000 | PENLEE OXLEAZE ROAD |
| 27 Jul 2022 | £651,754 | £650,000 | 6 CHAVENAGE LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Jun 2019. Using an estimated price of £477,041 means this house is valued at £6,276 per sq meter (£583 per sq foot).
The average size of a house on CHAVENAGE LANE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Five Trees Close |
| Mar 2024 | Anti-social behaviour | On or near B4014 | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Close |
| Mar 2024 | Anti-social behaviour | On or near Courtfield | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Courtfield |