£207,123
This estimated value is based upon the latest sale price for the house of £107,500 on 22 Aug 2004. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£107,500 | 22 Aug 2004 |
£31,750 | 24 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 August 2004 the House Price Index for GLOUCESTERSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £107,500 results in an estimated price of approximately £207,123.
22 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 148.6 | 92.673 % | £107,500 | £99,623 | £207,123 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 178.497 % | £191,884 | £299,384 |
3 Month Average | 100.390 % | £107,919 | £215,419 |
6 Month Average | 102.150 % | £109,811 | £217,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £271,374 | £269,000 | 54 DRIFT WAY |
28 Jul 2023 | £314,229 | £310,000 | 11 DRIFT CLOSE |
19 Aug 2022 | £234,369 | £235,000 | 16 DRIFT CLOSE |
1 Apr 2022 | £267,748 | £260,000 | 98 DRIFT WAY |
21 Jan 2022 | £157,861 | £150,000 | 5 REEVES CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 5 Jul 2016. Using an estimated price of £207,124 means this house is valued at £4,502 per sq meter (£418 per sq foot).
The average size of a house on DRIFT WAY is 56 sq meters (612 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drift Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Drift Way |
Mar 2024 | Anti-social behaviour | On or near Drift Way | |
Jan 2024 | Anti-social behaviour | On or near Michaels Mead | |
Jan 2024 | Anti-social behaviour | On or near Michaels Mead |