£128,463
This estimated value is based upon the latest sale price for the house of £97,500 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,500 | 11 Nov 2016 |
| £90,000 | 18 Aug 2006 |
| £57,000 | 30 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
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 November 2016 the House Price Index for GLOUCESTERSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £97,500 results in an estimated price of approximately £128,463.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £97,500 | £30,963 | £128,463 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 55.909 % | £54,511 | £152,011 |
| 3 Month Average | 27.490 % | £26,803 | £124,303 |
| 6 Month Average | 26.754 % | £26,085 | £123,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £373,265 | £370,000 | 1 ALBION TERRACE |
| 24 Jul 2023 | £339,570 | £335,000 | PATHWAYS LONDON ROAD |
| 8 Nov 2022 | £548,358 | £555,000 | HIRAM HOUSE SPRING LANE |
| 29 Apr 2022 | £370,728 | £360,000 | 2 ALBION TERRACE |
| 1 Mar 2022 | £375,645 | £362,500 | 1 SPRINGFIELD TERRACE SPRING LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brewery Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Mill Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Mill Lane |