£315,603
This estimated value is based upon the latest sale price for the house of £107,500 on 7 May 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near Montpellier Grove
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| Price Paid | Date |
|---|---|
| £107,500 | 7 May 2002 |
| £110,000 | 2 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 May 2002 the House Price Index for GLOUCESTERSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £107,500 results in an estimated price of approximately £315,603.
| 7 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £107,500 | £208,103 | £315,603 |
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 | 194.599 % | £209,193 | £316,693 |
| 3 Month Average | 175.240 % | £188,383 | £295,883 |
| 6 Month Average | 160.078 % | £172,083 | £279,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £591,055 | £580,000 | 14 SUFFOLK PARADE |
| 31 Mar 2023 | £203,397 | £200,000 | FLAT 3 11A MONTPELLIER GROVE |
| 21 Feb 2023 | £845,649 | £840,000 | 10 MONTPELLIER VILLAS |
| 17 Jan 2023 | £391,045 | £390,000 | 25 MONTPELLIER VILLAS |
| 28 Oct 2022 | £229,234 | £230,000 | FLAT 4 VINE HOUSE, 35 MONTPELLIER VILLAS |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 26 Feb 2019. Using an estimated price of £315,604 means this house is valued at £6,312 per sq meter (£586 per sq foot).
The average size of a house on MONTPELLIER VILLAS is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Montpellier Grove | |
| Jul 2024 | Burglary | Under investigation | On or near Montpellier Grove |