£901,868
This estimated value is based upon the latest sale price for the house of £885,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £885,000 | 21 Apr 2023 |
| £275,000 | 7 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 228 sq meters or 2,454 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 2023 the House Price Index for GLOUCESTERSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £885,000 results in an estimated price of approximately £901,868.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £885,000 | £16,868 | £901,868 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | -64.292 % | £-568,985 | £316,014 |
| 3 Month Average | -7.278 % | £-64,411 | £820,588 |
| 6 Month Average | 5.347 % | £47,319 | £932,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £526,168 | £510,000 | 6 THE CHESTNUTS |
| 15 Nov 2023 | £535,213 | £521,627 | 6 SAVILLE CLOSE |
| 15 Sep 2023 | £434,580 | £425,000 | 42 ALBEMARLE GATE |
| 18 Aug 2023 | £853,392 | £838,000 | 26 MONICA DRIVE |
| 21 Apr 2023 | £901,869 | £885,000 | 1 CULROSS CLOSE |
This house has a floor area of 228 sq meters or 2,454 sq feet when measured on 9 Aug 2018. Using an estimated price of £901,869 means this house is valued at £3,955 per sq meter (£367 per sq foot).
There is one other house on the street which we know the size of, this is 3 CULROSS CLOSE it is 198.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Culross Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Monica Drive |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Monica Drive |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Monica Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Gate |