£607,654
This estimated value is based upon the latest sale price for the house of £508,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£508,000 | 30 Sep 2020 |
Detached |
Freehold |
Floor Area: 204 sq meters or 2,195 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 September 2020 the House Price Index for GLOUCESTERSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £508,000 results in an estimated price of approximately £607,654.
30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £508,000 | £99,654 | £607,654 |
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 | 25.284 % | £128,443 | £636,443 |
3 Month Average | 14.719 % | £74,773 | £582,773 |
6 Month Average | 29.709 % | £150,923 | £658,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £284,369 | £280,000 | 132 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 |
17 Nov 2021 | £245,142 | £225,000 | 12 PERRY ORCHARD |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 23 Jun 2020. Using an estimated price of £607,655 means this house is valued at £2,978 per sq meter (£276 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 |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Redhouse Lane |