£192,849
This estimated value is based upon the latest sale price for the house of £124,250 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Sotherby Drive
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| Price Paid | Date |
|---|---|
| £124,250 | 20 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 434 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 2007 the House Price Index for GLOUCESTERSHIRE was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £124,250 results in an estimated price of approximately £192,849.
| 20 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £124,250 | £68,599 | £192,849 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 116.081 % | £144,230 | £268,480 |
| 3 Month Average | 56.898 % | £70,695 | £194,945 |
| 6 Month Average | 52.173 % | £64,825 | £189,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £267,884 | £265,000 | 2 SOTHERBY WALK |
| 29 Mar 2023 | £176,664 | £175,000 | APARTMENT 2 RENARD COURT SOTHERBY DRIVE |
| 6 Mar 2023 | £156,474 | £155,000 | APARTMENT 9 RENARD COURT SOTHERBY DRIVE |
| 30 Nov 2022 | £261,828 | £265,000 | 16 SOTHERBY WALK |
| 27 Jul 2022 | £275,742 | £275,000 | 13 SOTHERBY DRIVE |
This house has a floor area of 40 sq meters or 434 sq feet when measured on 6 Mar 2011. Using an estimated price of £192,850 means this house is valued at £4,773 per sq meter (£443 per sq foot).
The average size of a house on SOTHERBY DRIVE is 65 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Sotherby Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Sotherby Drive |
| Mar 2024 | Other crime | Under investigation | On or near Sotherby Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sotherby Drive |
| Mar 2024 | Anti-social behaviour | On or near Sotherby Drive |