£277,335
This estimated value is based upon the latest sale price for the house of £205,000 on 24 May 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 24 May 2016 |
| £163,000 | 28 Jan 2011 |
| £170,000 | 8 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 751 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 May 2016 the House Price Index for GLOUCESTERSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £205,000 results in an estimated price of approximately £277,335.
| 24 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £205,000 | £72,335 | £277,335 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | -6.998 % | £-14,345 | £190,654 |
| 3 Month Average | 47.836 % | £98,064 | £303,064 |
| 6 Month Average | 34.622 % | £70,975 | £275,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £149,501 | £150,000 | 1 FORGE ROAD |
| 26 Jul 2022 | £257,581 | £255,000 | 6 THE ROPE WALK |
| 25 Mar 2022 | £208,787 | £200,000 | 4 THE ROPE WALK |
| 25 Mar 2022 | £151,678 | £145,295 | 25 FORGE ROAD |
| 25 Feb 2022 | £327,502 | £310,000 | 22 FORGE ROAD |
This house has a floor area of 69 sq meters or 751 sq feet when measured on 30 Apr 2010. Using an estimated price of £277,335 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on BROWNINGS LANE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane |