£153,878
This estimated value is based upon the latest sale price for the house of £151,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £151,000 | 28 Apr 2023 |
| £111,500 | 31 Mar 2015 |
| £88,000 | 27 Jun 2014 |
| £58,500 | 9 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 April 2023 the House Price Index for GLOUCESTERSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £151,000 results in an estimated price of approximately £153,878.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £151,000 | £2,878 | £153,878 |
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 | 88.993 % | £134,378 | £285,378 |
| 3 Month Average | 5.166 % | £7,801 | £158,801 |
| 6 Month Average | -1.297 % | £-1,958 | £149,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £165,000 | £165,000 | 9 STRATTON ROAD |
| 10 May 2024 | £134,000 | £134,000 | 48 HOPEWELL STREET |
| 11 Aug 2023 | £168,031 | £165,000 | 109 RYECROFT STREET |
| 23 Jun 2023 | £172,456 | £169,000 | 9 HOPEWELL STREET |
| 28 Apr 2023 | £153,878 | £151,000 | 12 HOPEWELL STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Feb 2020. Using an estimated price of £153,878 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on HOPEWELL STREET is 84 sq meters (913 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).