£184,858
This estimated value is based upon the latest sale price for the house of £145,000 on 3 Jul 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 3 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2017 the House Price Index for GLOUCESTERSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £145,000 results in an estimated price of approximately £184,858.
| 3 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £145,000 | £39,858 | £184,858 |
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 | -7.735 % | £-11,215 | £133,784 |
| 3 Month Average | 17.133 % | £24,842 | £169,842 |
| 6 Month Average | 15.616 % | £22,642 | £167,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £190,872 | £191,000 | 40 SALISBURY ROAD |
| 11 Jan 2023 | £189,109 | £190,000 | 48 SALISBURY ROAD |
| 10 Jun 2022 | £245,469 | £242,000 | 15 HATFIELD ROAD |
| 1 Jun 2022 | £181,566 | £179,000 | 18 HATFIELD ROAD |
| 19 May 2022 | £142,689 | £140,000 | 47 SALISBURY ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Feb 2014. Using an estimated price of £184,859 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on SALISBURY ROAD is 92 sq meters (1,000 sq feet).