£304,092
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 28 Jul 2023 |
| £152,000 | 4 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for GLOUCESTERSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £300,000 results in an estimated price of approximately £304,092.
| 28 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £300,000 | £4,092 | £304,092 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | -24.194 % | £-72,583 | £227,416 |
| 3 Month Average | -0.400 % | £-1,201 | £298,798 |
| 6 Month Average | 1.967 % | £5,900 | £305,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £218,829 | £215,000 | 4 SOMERSET AVENUE |
| 28 Jul 2023 | £304,093 | £300,000 | 55 SOMERSET AVENUE |
| 30 Jun 2023 | £349,230 | £345,000 | 133 ALSTONE LANE |
| 8 Jun 2023 | £259,139 | £256,000 | 18 CORNWALL AVENUE |
| 29 Jul 2022 | £235,634 | £235,000 | 34 DORSET AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 May 2015. Using an estimated price of £304,093 means this house is valued at £4,344 per sq meter (£403 per sq foot).
The average size of a house on SOMERSET AVENUE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bedford Avenue |
| Feb 2024 | Anti-social behaviour | On or near Dorset Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Dorset Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clevedon Square |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clevedon Square |