£307,490
This estimated value is based upon the latest sale price for the house of £187,000 on 4 Jun 2013. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,000 | 4 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2013 the House Price Index for GLOUCESTERSHIRE was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £187,000 results in an estimated price of approximately £307,490.
| 4 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £187,000 | £120,490 | £307,490 |
The Postcode Pricing Model uses changes in average sales price within the GL7 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 | 5.256 % | £9,828 | £196,828 |
| 3 Month Average | 38.941 % | £72,819 | £259,819 |
| 6 Month Average | 55.721 % | £104,198 | £291,198 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Jun 2015.
The average size of a house on FAULKNERS CLOSE is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Offender given a caution | On or near Horcott Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gas Lane |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near London Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lygon Court |
| Feb 2024 | Anti-social behaviour | On or near The Orchard |