£187,819
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 12 Dec 2014 |
£110,000 | 12 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2014 the House Price Index for GLOUCESTERSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £125,000 results in an estimated price of approximately £187,819.
12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £125,000 | £62,819 | £187,819 |
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 | 110.360 % | £137,949 | £262,949 |
3 Month Average | 86.073 % | £107,591 | £232,591 |
6 Month Average | 59.677 % | £74,596 | £199,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £274,213 | £270,000 | 5 GREENWAY ROAD |
2 Sep 2022 | £224,850 | £225,000 | 83A VICTORIA STREET |
15 Jul 2022 | £131,316 | £130,000 | 7 OFFICE ROAD |
24 Mar 2022 | £292,301 | £280,000 | 17 GREENWAY ROAD |
11 Mar 2022 | £208,787 | £200,000 | 3 LANTERN CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Sep 2014. Using an estimated price of £187,819 means this house is valued at £2,134 per sq meter (£198 per sq foot).
The average size of a house on ALBERT ROAD is 88 sq meters (953 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Albert Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lantern Close |
Apr 2024 | Anti-social behaviour | On or near Lantern Close | |
Apr 2024 | Anti-social behaviour | On or near Lantern Close |