£309,882
This estimated value is based upon the latest sale price for the house of £270,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 11 Dec 2020 |
| £200,000 | 26 Aug 2015 |
| £178,500 | 29 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2020 the House Price Index for GLOUCESTERSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £270,000 results in an estimated price of approximately £309,882.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £270,000 | £39,882 | £309,882 |
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 | 39.018 % | £105,348 | £375,348 |
| 3 Month Average | 8.984 % | £24,256 | £294,256 |
| 6 Month Average | 9.847 % | £26,587 | £296,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £366,688 | £362,000 | 2 THOMPSON ROAD |
| 19 Jul 2023 | £304,093 | £300,000 | 2 MALVERN VILLAS |
| 17 Jul 2023 | £440,935 | £435,000 | 1 UPLANDS VILLAS |
| 31 Mar 2023 | £223,706 | £221,598 | 7 THE CIRCLE |
| 24 Jun 2022 | £294,157 | £290,000 | 4 THE CIRCLE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 29 Jun 2020. Using an estimated price of £309,883 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on FOLLY LANE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near The Square |
| Feb 2024 | Anti-social behaviour | On or near The Square | |
| Feb 2024 | Anti-social behaviour | On or near The Square | |
| Feb 2024 | Anti-social behaviour | On or near The Square | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wickridge Close |