£126,365
This estimated value is based upon the latest sale price for the house of £99,500 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£99,500 | 17 Nov 2017 |
£41,500 | 12 Sep 2001 |
£27,500 | 17 Apr 1998 |
£25,000 | 27 Feb 1997 |
£19,250 | 18 Aug 1995 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 November 2017 the House Price Index for GLOUCESTERSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £99,500 results in an estimated price of approximately £126,365.
17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £99,500 | £26,865 | £126,365 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | -0.347 % | £-345 | £99,154 |
3 Month Average | 13.015 % | £12,950 | £112,450 |
6 Month Average | 22.319 % | £22,207 | £121,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £221,816 | £215,000 | 8 ALFRED STREET |
28 Apr 2023 | £183,431 | £180,000 | 51 INDIA ROAD |
27 Feb 2023 | £192,284 | £191,000 | 40 SALISBURY ROAD |
11 Jan 2023 | £190,509 | £190,000 | 48 SALISBURY ROAD |
19 May 2022 | £143,745 | £140,000 | 47 SALISBURY ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 13 Aug 2018. Using an estimated price of £126,365 means this house is valued at £2,384 per sq meter (£221 per sq foot).
The average size of a house on INDIA ROAD is 61 sq meters (663 sq feet).