£868,981
This estimated value is based upon the latest sale price for the house of £615,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £615,000 | 18 Sep 2015 |
| £440,000 | 18 Jan 2010 |
| £295,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 September 2015 the House Price Index for GLOUCESTERSHIRE was 104.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 41.298%.Applying this 41.298% change to the original purchase price of £615,000 results in an estimated price of approximately £868,981.
| 18 Sep 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.0 | 41.298 % | £615,000 | £253,981 | £868,981 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 56.960 % | £350,301 | £965,301 |
| 3 Month Average | 21.789 % | £134,004 | £749,004 |
| 6 Month Average | 23.208 % | £142,732 | £757,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £349,487 | £345,000 | 2B NORWOOD ROAD |
| 10 Mar 2023 | £241,304 | £240,000 | FLAT 3 RAILWAY BUILDINGS, 3 NORWOOD ROAD |
| 28 Feb 2023 | £174,176 | £175,000 | FLAT 4 RAILWAY BUILDINGS, 3 NORWOOD ROAD |
| 1 Jun 2022 | £424,300 | £420,000 | 11 ST PHILIPS STREET |
| 29 Apr 2022 | £273,846 | £267,000 | 4 RAILWAY BUILDINGS NORWOOD ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 10 Feb 2014. Using an estimated price of £868,981 means this house is valued at £5,203 per sq meter (£483 per sq foot).
The average size of a house on GRATTON ROAD is 136 sq meters (1,466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Bath Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Bath Street |
| Apr 2024 | Drugs | Local resolution | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |