£340,825
This estimated value is based upon the latest sale price for the house of £325,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £325,000 | 18 Feb 2022 |
| £265,000 | 13 Oct 2010 |
| £249,968 | 27 Jun 2003 |
| £182,000 | 13 Jul 2000 |
| £157,950 | 6 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 February 2022 the House Price Index for GLOUCESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £325,000 results in an estimated price of approximately £340,825.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £325,000 | £15,825 | £340,825 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 93.154 % | £302,750 | £627,750 |
| 3 Month Average | 23.310 % | £75,759 | £400,759 |
| 6 Month Average | 11.166 % | £36,289 | £361,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £470,973 | £464,000 | 35 SOMERFORD ROAD |
| 2 Jun 2023 | £452,987 | £447,500 | 2 CHESTERTON GROVE |
| 14 Apr 2022 | £355,281 | £345,000 | FLAT 9 OAKLEY HALL OAKLANDS |
| 18 Feb 2022 | £340,826 | £325,000 | FLAT 6 OAKLEY HALL OAKLANDS |
| 10 Sep 2021 | £765,091 | £710,000 | OAKLEY HALL CHAPEL CHAPEL COURTYARD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Jun 2021. Using an estimated price of £340,826 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on OAKLANDS is 160 sq meters (1,731 sq feet).