£440,692
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Jul 2009. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Jul 2009 |
| £247,500 | 21 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,019 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 July 2009 the House Price Index for GLOUCESTERSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £240,000 results in an estimated price of approximately £440,692.
| 24 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £240,000 | £200,692 | £440,692 |
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 | 41.252 % | £99,004 | £339,004 |
| 3 Month Average | 67.155 % | £161,172 | £401,172 |
| 6 Month Average | 80.537 % | £193,289 | £433,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £284,369 | £280,000 | 132 THE BASSETTS |
| 17 Nov 2023 | £208,287 | £203,000 | 18 THE BASSETTS |
| 1 Jul 2022 | £424,251 | £420,000 | 155 THE BASSETTS |
| 8 Apr 2022 | £316,414 | £305,000 | 142 THE BASSETTS |
| 20 Dec 2021 | £162,975 | £151,000 | 53 HAWTHORN RISE |
This house has a floor area of 94 sq meters or 1,019 sq feet when measured on 17 Nov 2008. Using an estimated price of £440,693 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on WESTRIP LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Bassetts |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Bassetts |