£121,827
This estimated value is based upon the latest sale price for the house of £62,500 on 22 Jul 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,500 | 22 Jul 2004 |
| £21,000 | 19 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 July 2004 the House Price Index for GLOUCESTERSHIRE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £62,500 results in an estimated price of approximately £121,827.
| 22 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £62,500 | £59,327 | £121,827 |
The Postcode Pricing Model uses changes in average sales price within the GL16 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 | 79.434 % | £49,646 | £112,146 |
| 3 Month Average | 75.889 % | £47,430 | £109,930 |
| 6 Month Average | 80.963 % | £50,601 | £113,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £244,274 | £240,000 | 32 MARKET PLACE |
| 22 Sep 2023 | £128,645 | £127,000 | 4 KINGS HEAD APARTMENTS SPOUT LANE |
| 31 Jul 2023 | £192,592 | £190,000 | 23 MARKET PLACE |
| 28 Oct 2022 | £303,730 | £307,000 | 10 BOXBUSH ROAD |
| 5 May 2022 | £280,281 | £275,000 | 6 SPARROW HILL |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 15 Jul 2020. Using an estimated price of £121,828 means this house is valued at £4,685 per sq meter (£435 per sq foot).
The average size of a house on BANK STREET is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near St John'S Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St John'S Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St John'S Street |
| Feb 2024 | Robbery | Under investigation | On or near St John'S Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bank Close |