£650,431
This estimated value is based upon the latest sale price for the house of £478,000 on 9 Mar 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near New Road
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Price Paid | Date |
---|---|
£478,000 | 9 Mar 2016 |
£350,000 | 21 Mar 2013 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 March 2016 the House Price Index for GLOUCESTERSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £478,000 results in an estimated price of approximately £650,431.
9 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £478,000 | £172,431 | £650,431 |
The Postcode Pricing Model uses changes in average sales price within the GL56 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 | 8.955 % | £42,804 | £520,804 |
3 Month Average | 59.343 % | £283,660 | £761,660 |
6 Month Average | 43.883 % | £209,760 | £687,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £169,297 | £165,000 | 25 THE GRANGE |
2 Oct 2023 | £562,782 | £550,000 | DELABERE HOUSE NEW ROAD |
11 Aug 2023 | £218,949 | £215,000 | 28 THE GRANGE |
7 Aug 2023 | £422,622 | £415,000 | KEWSTOKE HOSPITAL ROAD |
14 Apr 2023 | £662,389 | £650,000 | ULTIMA HOUSE HOSPITAL ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 14 Nov 2014. Using an estimated price of £650,432 means this house is valued at £4,645 per sq meter (£431 per sq foot).
The average size of a house on HIGH STREET is 118 sq meters (1,279 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near New Road |
Jun 2024 | Violence and sexual offences | Local resolution | On or near New Road |
Apr 2024 | Anti-social behaviour | On or near New Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near New Road |
Apr 2024 | Anti-social behaviour | On or near New Road |