£601,521
This estimated value is based upon the latest sale price for the house of £480,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 9 Mar 2018 |
| £125,000 | 8 Dec 2000 |
| Detached |
| Freehold |
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 2018 the House Price Index for GLOUCESTERSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £480,000 results in an estimated price of approximately £601,521.
| 9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £480,000 | £121,521 | £601,521 |
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 | 69.713 % | £334,623 | £814,623 |
| 3 Month Average | 36.381 % | £174,626 | £654,626 |
| 6 Month Average | 24.698 % | £118,550 | £598,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £368,221 | £365,000 | 1 SPRINGSIDE BREWERY LANE |
| 24 Jul 2023 | £339,570 | £335,000 | PATHWAYS LONDON ROAD |
| 31 Mar 2023 | £237,235 | £235,000 | 22 DALLAWAY ESTATE |
| 8 Nov 2022 | £548,358 | £555,000 | HIRAM HOUSE SPRING LANE |
| 13 Jun 2022 | £486,881 | £480,000 | 2 YEW TREE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Spring Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thrupp Lane |