£531,799
This estimated value is based upon the latest sale price for the house of £525,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 15 Sep 2023 |
| Detached |
| Freehold |
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 2023 the House Price Index for GLOUCESTERSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £525,000 results in an estimated price of approximately £531,799.
| 15 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £525,000 | £6,799 | £531,799 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | -2.399 % | £-12,594 | £512,405 |
| 3 Month Average | -9.096 % | £-47,751 | £477,248 |
| 6 Month Average | -2.884 % | £-15,138 | £509,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £697,199 | £685,000 | 22 CLAPPEN CLOSE |
| 15 Sep 2023 | £810,361 | £800,000 | CHERRYTREE LANE GARAGE CHERRY TREE LANE |
| 15 Sep 2023 | £531,800 | £525,000 | ELMTREE COTTAGE CHERRY TREE LANE |
| 7 Sep 2023 | £362,130 | £357,500 | 22 FORSTALL WAY |
| 10 Aug 2023 | £484,236 | £480,000 | 15 FORSTALL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Ormand Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ormand Close |
| Mar 2024 | Anti-social behaviour | On or near Ormand Close | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Ormand Close |
| Mar 2024 | Anti-social behaviour | On or near Ormand Close |