£220,073
This estimated value is based upon the latest sale price for the house of £78,000 on 31 Jul 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 31 Jul 2002 |
| £65,000 | 12 Jul 2001 |
| £59,995 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2002 the House Price Index for GLOUCESTERSHIRE was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £78,000 results in an estimated price of approximately £220,073.
| 31 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £78,000 | £142,073 | £220,073 |
The Postcode Pricing Model uses changes in average sales price within the GL4 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 | 123.131 % | £96,042 | £174,042 |
| 3 Month Average | 132.438 % | £103,301 | £181,301 |
| 6 Month Average | 153.977 % | £120,102 | £198,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £191,583 | £188,000 | 5 BARNFIELDS |
| 21 Jun 2022 | £237,068 | £232,000 | 15 BARNFIELDS |
| 24 Mar 2022 | £260,983 | £250,000 | 100 FINLAY ROAD |
| 28 Jan 2022 | £180,234 | £170,000 | 18 BARNFIELDS |
| 20 Sep 2021 | £211,686 | £195,000 | 19 BARNFIELDS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 7 Mar 2014. Using an estimated price of £220,073 means this house is valued at £4,075 per sq meter (£378 per sq foot).
The average size of a house on NORTHFIELD ROAD is 72 sq meters (781 sq feet).