£191,060
This estimated value is based upon the latest sale price for the house of £176,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,000 | 28 Sep 2021 |
| £150,000 | 22 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 September 2021 the House Price Index for GLOUCESTERSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £176,000 results in an estimated price of approximately £191,060.
| 28 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £176,000 | £15,060 | £191,060 |
The Postcode Pricing Model uses changes in average sales price within the GL5 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 | -18.469 % | £-32,505 | £143,494 |
| 3 Month Average | 8.834 % | £15,548 | £191,548 |
| 6 Month Average | 3.279 % | £5,771 | £181,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £309,511 | £300,000 | 11 SHEPHERDS CLOSE |
| 30 Nov 2023 | £333,465 | £325,000 | 23 BRIAR CLOSE |
| 9 Nov 2023 | £172,335 | £167,960 | 29 CUTLER ROAD |
| 6 Oct 2023 | £130,975 | £128,000 | 34 CUTLER ROAD |
| 21 Apr 2023 | £394,376 | £387,000 | 117 FOLLY LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Apr 2014. Using an estimated price of £191,060 means this house is valued at £3,351 per sq meter (£311 per sq foot).
The average size of a house on FOLLY RISE is 97 sq meters (1,048 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folly Rise |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Briar Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Briar Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepherds Croft |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cutler Road |