£455,007
This estimated value is based upon the latest sale price for the house of £375,000 on 18 Mar 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 18 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2020 the House Price Index for GLOUCESTERSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £375,000 results in an estimated price of approximately £455,007.
| 18 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £375,000 | £80,007 | £455,007 |
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 | 72.576 % | £272,160 | £647,160 |
| 3 Month Average | 12.460 % | £46,725 | £421,725 |
| 6 Month Average | 10.457 % | £39,215 | £414,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £467,000 | £467,000 | 38 MAY LANE |
| 6 Oct 2023 | £639,525 | £625,000 | 2A HARDINGS DRIVE |
| 15 Jun 2023 | £295,930 | £290,000 | 10 LIBRARY TERRACE |
| 28 Apr 2023 | £287,885 | £282,500 | 11 LIBRARY TERRACE |
| 24 Mar 2023 | £313,231 | £308,000 | 42 MAY LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 Aug 2019. Using an estimated price of £455,007 means this house is valued at £4,417 per sq meter (£410 per sq foot).
The average size of a house on MAY LANE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Harrolds Close |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |