£318,056
This estimated value is based upon the latest sale price for the house of £253,000 on 14 Dec 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£253,000 | 14 Dec 2017 |
£90,000 | 19 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 December 2017 the House Price Index for GLOUCESTERSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £253,000 results in an estimated price of approximately £318,056.
14 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £253,000 | £65,056 | £318,056 |
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 | 88.864 % | £224,827 | £477,827 |
3 Month Average | 41.844 % | £105,864 | £358,864 |
6 Month Average | 33.662 % | £85,165 | £338,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £322,824 | £320,000 | 67 WESSEX DRIVE |
6 Feb 2023 | £154,896 | £155,000 | 52 REDMARLEY ROAD |
2 Sep 2022 | £843,687 | £850,500 | SOUTHFIELD HARP HILL |
24 Aug 2022 | £458,765 | £460,000 | 27 WESSEX DRIVE |
31 May 2022 | £254,801 | £250,000 | 85 WESSEX DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Mar 2017. Using an estimated price of £318,057 means this house is valued at £3,878 per sq meter (£360 per sq foot).
The average size of a house on WESSEX DRIVE is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Local resolution | On or near Wessex Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Shoplifting | Suspect charged as part of another case | On or near Supermarket |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |