£196,051
This estimated value is based upon the latest sale price for the house of £133,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 6 Mar 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 2015 the House Price Index for GLOUCESTERSHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £133,000 results in an estimated price of approximately £196,051.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £133,000 | £63,051 | £196,051 |
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 | 47.221 % | £62,803 | £195,803 |
| 3 Month Average | 58.232 % | £77,448 | £210,448 |
| 6 Month Average | 37.210 % | £49,489 | £182,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £159,867 | £157,500 | FLAT 19 BIDDLE & SHIPTON WAREHOUSE |
| 5 Sep 2023 | £276,029 | £272,500 | FLAT 26 LOCK WAREHOUSE SEVERN ROAD |
| 30 Nov 2022 | £281,589 | £285,000 | FLAT 21 NORTH POINT, 9 SEVERN ROAD |
| 11 Nov 2022 | £148,155 | £149,950 | FLAT 16 BIDDLE & SHIPTON WAREHOUSE |
| 31 Oct 2022 | £142,466 | £144,000 | FLAT 10 LOCK WAREHOUSE SEVERN ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 18 Dec 2012. Using an estimated price of £196,051 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on SEVERN ROAD is 71 sq meters (765 sq feet).