£404,274
This estimated value is based upon the latest sale price for the house of £235,000 on 14 Mar 2011. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 14 Mar 2011 |
| £57,950 | 25 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2011 the House Price Index for GLOUCESTERSHIRE was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £235,000 results in an estimated price of approximately £404,274.
| 14 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £235,000 | £169,274 | £404,274 |
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 | 125.688 % | £295,367 | £530,367 |
| 3 Month Average | 77.779 % | £182,779 | £417,779 |
| 6 Month Average | 67.979 % | £159,749 | £394,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £280,000 | £280,000 | 132 THE BASSETTS |
| 17 Nov 2023 | £206,051 | £203,000 | 18 THE BASSETTS |
| 1 Jul 2022 | £421,134 | £420,000 | 155 THE BASSETTS |
| 8 Apr 2022 | £314,089 | £305,000 | 142 THE BASSETTS |
| 20 Dec 2021 | £161,778 | £151,000 | 53 HAWTHORN RISE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 26 Jan 2021. Using an estimated price of £404,275 means this house is valued at £3,397 per sq meter (£315 per sq foot).
The average size of a house on WESTRIP LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise | |
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise | |
| Feb 2024 | Anti-social behaviour | On or near Hawthorn Rise | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hawthorn Rise |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |