£784,202
This estimated value is based upon the latest sale price for the house of £280,000 on 11 Jul 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 11 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 July 2002 the House Price Index for GLOUCESTERSHIRE was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £280,000 results in an estimated price of approximately £784,202.
| 11 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £280,000 | £504,202 | £784,202 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 187.391 % | £524,693 | £804,693 |
| 3 Month Average | 138.326 % | £387,313 | £667,313 |
| 6 Month Average | 137.759 % | £385,725 | £665,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £275,523 | £272,000 | 53 MERRIVILLE ROAD |
| 31 Aug 2023 | £428,751 | £425,000 | 11 MERRIVILLE ROAD |
| 15 Aug 2023 | £378,310 | £375,000 | 231 BROOKLYN ROAD |
| 8 Feb 2023 | £304,795 | £305,000 | 10 WHARFDALE SQUARE |
| 9 Sep 2022 | £332,316 | £335,000 | 221 BROOKLYN ROAD |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 16 Jul 2021. Using an estimated price of £784,202 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on SOUTH BANK is 127 sq meters (1,369 sq feet).
This house is the largest in the street with a floor area of 215 sq meters (2,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Wharfdale Square |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Stone Crescent |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Penharva Close |
| Dec 2023 | Other crime | Formal action is not in the public interest | On or near Penharva Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merriville Road |