£297,648
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Aug 2013 |
| 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 August 2013 the House Price Index for GLOUCESTERSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £180,000 results in an estimated price of approximately £297,648.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £180,000 | £117,648 | £297,648 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | 90.616 % | £163,107 | £343,107 |
| 3 Month Average | 57.730 % | £103,913 | £283,913 |
| 6 Month Average | 61.827 % | £111,288 | £291,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £332,000 | £332,000 | THE LIMES, 1 FROME AVENUE |
| 17 Nov 2023 | £294,358 | £290,000 | 12 STRACHANS CLOSE |
| 29 Sep 2023 | £643,224 | £635,000 | WAVERLEY FROME PARK ROAD |
| 24 Aug 2022 | £733,027 | £735,000 | HAWKSWOOD FROME HALL LANE |
| 1 Jul 2022 | £329,387 | £328,500 | ELVASTON FROME PARK ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Jun 2013. Using an estimated price of £297,648 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on LODGEMORE LANE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Strachans Close |
| Feb 2024 | Anti-social behaviour | On or near Strachans Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strachans Close |
| Feb 2024 | Anti-social behaviour | On or near Strachans Close | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Frome Park Road |