£509,496
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Spring Hill
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 11 Mar 2011 |
| £145,000 | 23 Mar 2001 |
| £98,500 | 12 Jul 1996 |
| 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 March 2011 the House Price Index for GLOUCESTERSHIRE was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £300,000 results in an estimated price of approximately £509,496.
| 11 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £300,000 | £209,496 | £509,496 |
The Postcode Pricing Model uses changes in average sales price within the GL10 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 | 108.638 % | £325,912 | £625,912 |
| 3 Month Average | 78.388 % | £235,165 | £535,165 |
| 6 Month Average | 60.291 % | £180,874 | £480,874 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Spring Hill |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Millend Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Millend Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oldbury Service Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oldbury Service Area |