£482,119
This estimated value is based upon the latest sale price for the house of £450,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 3 Dec 2021 |
| £245,000 | 28 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2021 the House Price Index for GLOUCESTERSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £450,000 results in an estimated price of approximately £482,119.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £450,000 | £32,119 | £482,119 |
The Postcode Pricing Model uses changes in average sales price within the GL20 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 | -9.037 % | £-40,664 | £409,335 |
| 3 Month Average | 7.843 % | £35,293 | £485,293 |
| 6 Month Average | 19.869 % | £89,412 | £539,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £221,942 | £220,000 | 12 DUKES WAY |
| 16 Jun 2023 | £354,292 | £350,000 | 10 SOMERSET PLACE |
| 3 Dec 2021 | £482,120 | £450,000 | NORTONBURY HOUSE EDWARD PLACE |
| 19 Nov 2021 | £232,525 | £215,000 | 22 DUKES WAY |
| 4 Nov 2021 | £351,492 | £325,000 | 28 ABBEY MEADOW |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 Dec 2014. Using an estimated price of £482,120 means this house is valued at £4,192 per sq meter (£389 per sq foot).
There is one other house on the street which we know the size of, this is THE WILLOWS EDWARD PLACE it is 118.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ted Preston Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ted Preston Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ted Preston Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ted Preston Close |