£87,532
This estimated value is based upon the latest sale price for the house of £85,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£85,000 | 8 Apr 2022 |
£60,000 | 9 Jan 2018 |
£95,000 | 21 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 April 2022 the House Price Index for GLOUCESTERSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £85,000 results in an estimated price of approximately £87,532.
8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £85,000 | £2,532 | £87,532 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | -12.575 % | £-10,688 | £74,311 |
3 Month Average | 4.080 % | £3,468 | £88,468 |
6 Month Average | 0.869 % | £738 | £85,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £96,165 | £95,000 | APARTMENT 3 WELLINGTON COURT WELLINGTON STREET |
10 Mar 2023 | £191,807 | £190,000 | 25 ARTHUR STREET |
17 Feb 2023 | £84,943 | £85,000 | APARTMENT 1 WELLINGTON COURT WELLINGTON STREET |
25 Nov 2022 | £85,507 | £86,543 | 109E EASTGATE STREET |
15 Jul 2022 | £83,224 | £83,000 | FLAT 2 107B EASTGATE STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 22 Jun 2017. Using an estimated price of £87,533 means this house is valued at £2,134 per sq meter (£198 per sq foot).
The average size of a house on WELLINGTON STREET is 98 sq meters (1,056 sq feet).