£106,628
This estimated value is based upon the latest sale price for the house of £81,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 27 Jan 2017 |
| £74,500 | 22 Jul 2010 |
| £69,500 | 18 Apr 2006 |
| £53,000 | 12 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 January 2017 the House Price Index for GLOUCESTERSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £81,000 results in an estimated price of approximately £106,628.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £81,000 | £25,628 | £106,628 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 29.093 % | £23,565 | £104,565 |
| 3 Month Average | 47.065 % | £38,122 | £119,122 |
| 6 Month Average | 30.554 % | £24,748 | £105,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £97,208 | £95,000 | 67 PITMAN ROAD |
| 22 Aug 2023 | £152,755 | £150,000 | 6 WINSTONE STANWAY ROAD |
| 29 Nov 2022 | £348,371 | £350,000 | 2 WORDSWORTH AVENUE |
| 1 Aug 2022 | £343,607 | £342,000 | 6 WORDSWORTH AVENUE |
| 20 Jan 2022 | £371,069 | £350,000 | 1 WORDSWORTH AVENUE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 26 Nov 2021. Using an estimated price of £106,629 means this house is valued at £2,881 per sq meter (£267 per sq foot).
The average size of a house on MONKSCROFT is 43 sq meters (465 sq feet).