£168,030
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 11 Aug 2023 |
| £77,000 | 13 Sep 2004 |
| £53,500 | 17 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2023 the House Price Index for GLOUCESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £165,000 results in an estimated price of approximately £168,030.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £165,000 | £3,030 | £168,030 |
The Postcode Pricing Model uses changes in average sales price within the GL1 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 | 120.990 % | £199,633 | £364,633 |
| 3 Month Average | 2.359 % | £3,891 | £168,891 |
| 6 Month Average | 3.621 % | £5,974 | £170,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £134,000 | £134,000 | 48 HOPEWELL STREET |
| 27 Oct 2023 | £142,230 | £139,000 | 93 RYECROFT STREET |
| 16 Oct 2023 | £301,856 | £295,000 | 7 - 9 UPTON STREET |
| 11 Aug 2023 | £168,031 | £165,000 | 109 RYECROFT STREET |
| 23 Jun 2023 | £172,456 | £169,000 | 9 HOPEWELL STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 29 May 2021. Using an estimated price of £168,031 means this house is valued at £2,625 per sq meter (£243 per sq foot).
The average size of a house on RYECROFT STREET is 92 sq meters (995 sq feet).