£166,337
This estimated value is based upon the latest sale price for the house of £124,000 on 20 Jul 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£124,000 | 20 Jul 2016 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 2016 the House Price Index for GLOUCESTERSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £124,000 results in an estimated price of approximately £166,337.
20 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £124,000 | £42,337 | £166,337 |
The Postcode Pricing Model uses changes in average sales price within the GL14 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 | 111.764 % | £138,587 | £262,587 |
3 Month Average | 74.151 % | £91,947 | £215,947 |
6 Month Average | 50.622 % | £62,771 | £186,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £106,638 | £105,000 | FLAT 2 CHURCH ROAD PLACE CHURCH ROAD |
16 Sep 2022 | £179,830 | £179,950 | 123 VICTORIA STREET |
2 Sep 2022 | £224,850 | £225,000 | 83A VICTORIA STREET |
13 Apr 2022 | £259,355 | £250,000 | PENROSE VICTORIA STREET |
11 Mar 2022 | £240,105 | £230,000 | 6 PROSPECT ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Jan 2016. Using an estimated price of £166,338 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on VICTORIA VALE is 62 sq meters (672 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Victoria Vale | |
Jun 2024 | Anti-social behaviour | On or near Victoria Vale | |
Jun 2024 | Anti-social behaviour | On or near Victoria Vale | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Vale |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Prospect Road |