£152,007
This estimated value is based upon the latest sale price for the house of £91,250 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£91,250 | 30 Aug 2013 |
£50,000 | 26 Jun 2001 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 August 2013 the House Price Index for GLOUCESTERSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £91,250 results in an estimated price of approximately £152,007.
30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £91,250 | £60,757 | £152,007 |
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 | 30.744 % | £28,053 | £119,303 |
3 Month Average | 54.690 % | £49,904 | £141,154 |
6 Month Average | 65.671 % | £59,924 | £151,174 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £170,231 | £165,000 | 56 CECIL ROAD |
20 Oct 2023 | £163,718 | £160,000 | 97 CECIL ROAD |
16 Jun 2023 | £183,681 | £180,000 | 62 CECIL ROAD |
26 Apr 2023 | £193,622 | £190,000 | 45 CECIL ROAD |
7 Oct 2022 | £186,377 | £187,000 | 59 CECIL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Feb 2013. Using an estimated price of £152,008 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on CECIL ROAD is 75 sq meters (811 sq feet).