£360,598
This estimated value is based upon the latest sale price for the house of £270,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£270,000 | 17 Jun 2016 |
£187,279 | 18 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 June 2016 the House Price Index for GLOUCESTERSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £270,000 results in an estimated price of approximately £360,598.
17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £270,000 | £90,598 | £360,598 |
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 | 23.787 % | £64,226 | £334,226 |
3 Month Average | 20.961 % | £56,595 | £326,595 |
6 Month Average | 39.567 % | £106,831 | £376,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £670,574 | £662,000 | 4 BRAYBROOKE CLOSE |
7 Jul 2023 | £347,173 | £342,500 | 67 LONDON ROAD |
27 Jun 2023 | £290,519 | £287,000 | 14 LEWSEY COURT MERCER WAY |
13 Feb 2023 | £379,744 | £380,000 | 77 LONDON ROAD |
9 Feb 2023 | £139,906 | £140,000 | 19 GLOVERS WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 5 Aug 2015. Using an estimated price of £360,598 means this house is valued at £5,382 per sq meter (£500 per sq foot).
The average size of a house on LONDON ROAD is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Glovers Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatter Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercer Way |
Dec 2023 | Other crime | Under investigation | On or near Mercer Way |