£111,321
This estimated value is based upon the latest sale price for the house of £90,000 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£90,000 | 20 Aug 2018 |
£85,000 | 2 Nov 2012 |
£57,500 | 16 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 541 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 2018 the House Price Index for GLOUCESTERSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £90,000 results in an estimated price of approximately £111,321.
20 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £90,000 | £21,321 | £111,321 |
The Postcode Pricing Model uses changes in average sales price within the GL52 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 | 103.618 % | £93,256 | £183,256 |
3 Month Average | 41.501 % | £37,350 | £127,350 |
6 Month Average | 30.883 % | £27,794 | £117,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £140,458 | £138,000 | FLAT 6 19 HAYES ROAD |
29 Aug 2023 | £171,500 | £170,000 | FLAT 7 19 HAYES ROAD |
24 Mar 2023 | £63,599 | £63,000 | 26 HOMESPRING HOUSE PITTVILLE CIRCUS ROAD |
14 Feb 2023 | £304,795 | £305,000 | 22 HAYES ROAD |
27 Oct 2022 | £326,485 | £330,000 | 34 HAYES ROAD |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 2 Sep 2011. Using an estimated price of £111,321 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on PITTVILLE CIRCUS ROAD is 67 sq meters (722 sq feet).