£247,969
This estimated value is based upon the latest sale price for the house of £243,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£243,000 | 16 Jun 2023 |
£152,500 | 22 Jan 2021 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 June 2023 the House Price Index for GLOUCESTERSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £243,000 results in an estimated price of approximately £247,969.
16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £243,000 | £4,969 | £247,969 |
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 | 148.423 % | £360,668 | £603,668 |
3 Month Average | 30.888 % | £75,056 | £318,056 |
6 Month Average | 8.439 % | £20,505 | £263,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £140,599 | £137,500 | 11 WESTFIELD COURT |
14 Sep 2023 | £148,268 | £145,000 | 1 HEYWOOD ROAD |
16 Jun 2023 | £247,969 | £243,000 | 2 WESTFIELD ROAD |
30 Jun 2022 | £281,007 | £275,000 | 10 CAUSEWAY ROAD |
17 Jun 2022 | £306,502 | £299,950 | 33 WOODGATE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 May 2020. Using an estimated price of £247,969 means this house is valued at £2,479 per sq meter (£230 per sq foot).
The average size of a house on WESTFIELD ROAD is 164 sq meters (1,765 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ferndale Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Westfield Court |