£187,776
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for GLOUCESTERSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £140,000 results in an estimated price of approximately £187,776.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £140,000 | £47,776 | £187,776 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | 13.267 % | £18,573 | £158,573 |
| 3 Month Average | 33.558 % | £46,980 | £186,980 |
| 6 Month Average | 41.827 % | £58,557 | £198,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £440,000 | £440,000 | 194 CHELTENHAM ROAD |
| 30 Nov 2023 | £323,204 | £315,000 | 186 CHELTENHAM ROAD |
| 23 Feb 2023 | £223,996 | £222,500 | 59 OAKLEAZE |
| 26 Aug 2022 | £273,278 | £272,000 | 101 SANDYLEAZE |
| 25 Aug 2022 | £256,198 | £255,000 | 116A ELMLEAZE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Apr 2016. Using an estimated price of £187,777 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on ELMLEAZE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Oakleaze |
| Oct 2024 | Other crime | Under investigation | On or near Oakleaze |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oakleaze |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Elmleaze |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmleaze |