£469,233
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 16 Oct 2020 |
| £250,000 | 26 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 October 2020 the House Price Index for GLOUCESTERSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £400,000 results in an estimated price of approximately £469,233.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £400,000 | £69,233 | £469,233 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 28.603 % | £114,411 | £514,411 |
| 3 Month Average | 5.661 % | £22,644 | £422,644 |
| 6 Month Average | 5.210 % | £20,840 | £420,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £2,512,649 | £2,488,977 | 1 ORCHARD CLOSE |
| 16 Nov 2022 | £348,281 | £352,500 | 33 LEYSON ROAD |
| 26 Jul 2022 | £358,966 | £358,000 | 9 SPRINGFIELD CLOSE |
| 28 Mar 2022 | £424,868 | £410,000 | 4 TYLEA CLOSE |
| 21 Mar 2022 | £395,852 | £382,000 | 50 LEYSON ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 May 2020. Using an estimated price of £469,233 means this house is valued at £4,468 per sq meter (£415 per sq foot).
The average size of a house on THE REDDINGS is 149 sq meters (1,613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Mar 2024 | Anti-social behaviour | On or near Westside Park | |
| Mar 2024 | Anti-social behaviour | On or near Westside Park | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Reddings Road |