£724,964
This estimated value is based upon the latest sale price for the house of £585,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £585,000 | 12 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 July 2018 the House Price Index for SOUTH GLOUCESTERSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £585,000 results in an estimated price of approximately £724,964.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £585,000 | £139,964 | £724,964 |
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 | 14.639 % | £85,637 | £670,637 |
| 3 Month Average | 5.320 % | £31,122 | £616,122 |
| 6 Month Average | 15.592 % | £91,211 | £676,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £356,233 | £350,000 | 13 FOLLIOT CLOSE |
| 17 Aug 2023 | £812,105 | £805,000 | CHINE RIDGE, 11 THE NEWLANDS |
| 14 Jul 2023 | £810,914 | £800,000 | 7 THE NEWLANDS |
| 12 Jun 2023 | £335,059 | £331,000 | 10 FOLLIOT CLOSE |
| 27 Jan 2023 | £382,200 | £384,000 | 26 STANSHAW CLOSE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 18 May 2012. Using an estimated price of £724,964 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on THE NEWLANDS is 192 sq meters (2,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Begbrook Park | |
| Jan 2024 | Anti-social behaviour | On or near Begbrook Park | |
| Jan 2024 | Anti-social behaviour | On or near Begbrook Park | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stourden Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanshaw Close |