£390,792
This estimated value is based upon the latest sale price for the house of £395,000 on 27 Oct 2022. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Hermitage Street
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| Price Paid | Date |
|---|---|
| £395,000 | 27 Oct 2022 |
| £91,000 | 14 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 October 2022 the House Price Index for GLOUCESTERSHIRE was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £395,000 results in an estimated price of approximately £390,792.
| 27 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £395,000 | £-4,207 | £390,792 |
The Postcode Pricing Model uses changes in average sales price within the GL53 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 | -21.060 % | £-83,187 | £311,812 |
| 3 Month Average | -19.203 % | £-75,850 | £319,149 |
| 6 Month Average | -14.148 % | £-55,884 | £339,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £355,260 | £350,000 | 41 LANGDON ROAD |
| 18 Aug 2023 | £496,342 | £492,000 | 25 EXMOUTH STREET |
| 11 Aug 2023 | £504,413 | £500,000 | 25 LANGDON ROAD |
| 19 Apr 2023 | £313,374 | £310,000 | 39 EXMOUTH STREET |
| 23 Feb 2023 | £265,821 | £266,000 | ST. PAULS GARAGE FRANCIS STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Jun 2014. Using an estimated price of £390,792 means this house is valued at £8,141 per sq meter (£756 per sq foot).
The average size of a house on HERMITAGE STREET is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermitage Street |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Hermitage Street |
| Apr 2024 | Anti-social behaviour | On or near Exmouth Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Exmouth Street |
| Apr 2024 | Public order | Under investigation | On or near Francis Street |