£469,797
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Mar 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 30 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2015 the House Price Index for GLOUCESTERSHIRE was 100.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.812%.Applying this 46.812% change to the original purchase price of £320,000 results in an estimated price of approximately £469,797.
| 30 Mar 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.0 | 46.812 % | £320,000 | £149,797 | £469,797 |
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 | 65.309 % | £208,989 | £528,989 |
| 3 Month Average | 16.043 % | £51,336 | £371,336 |
| 6 Month Average | 31.123 % | £99,594 | £419,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £807,640 | £800,000 | 68 KING WILLIAM DRIVE |
| 16 Feb 2023 | £432,952 | £435,000 | 51 KING HENRY CLOSE |
| 18 Oct 2022 | £335,020 | £340,000 | 28 KING GEORGE CLOSE |
| 4 Aug 2022 | £432,081 | £435,000 | 30 KING HENRY CLOSE |
| 17 Feb 2022 | £203,670 | £195,000 | 5 BALMORAL COURT KING GEORGE CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Sep 2013. Using an estimated price of £469,797 means this house is valued at £5,399 per sq meter (£501 per sq foot).
The average size of a house on KING GEORGE CLOSE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near King Arthur Close | |
| Feb 2024 | Anti-social behaviour | On or near King Arthur Close | |
| Feb 2024 | Anti-social behaviour | On or near King Arthur Close | |
| Mar 2024 | Anti-social behaviour | On or near Chancel Way | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Chancel Way |