£502,421
This estimated value is based upon the latest sale price for the house of £295,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 17 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,266 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in August 2012 the House Price Index for SOUTH GLOUCESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £295,000 results in an estimated price of approximately £502,421.
| 17 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £295,000 | £207,421 | £502,421 |
The Postcode Pricing Model uses changes in average sales price within the BS16 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 | 60.281 % | £177,829 | £472,829 |
| 3 Month Average | 46.963 % | £138,540 | £433,540 |
| 6 Month Average | 58.666 % | £173,065 | £468,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £206,106 | £202,500 | 225 LONG DOWN AVENUE |
| 6 Nov 2023 | £845,518 | £833,000 | 183 LONG DOWN AVENUE |
| 25 Sep 2023 | £273,497 | £270,000 | 197 LONG DOWN AVENUE |
| 3 Mar 2023 | £471,442 | £467,000 | 169 LONG DOWN AVENUE |
| 30 Sep 2022 | £1,921,979 | £1,937,500 | 207 LONG DOWN AVENUE |
This house has a floor area of 117 sq meters or 1,266 sq feet when measured on 24 Nov 2011. Using an estimated price of £502,422 means this house is valued at £4,269 per sq meter (£396 per sq foot).
The average size of a house on LOCKLEYS WAY is 167 sq meters (1,803 sq feet).
This house is the smallest in the street with a floor area of 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sour Mead |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Long Mead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Mead |
| Mar 2024 | Drugs | Further action is not in the public interest | On or near Little Stony Leas |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Little Stony Leas |