£112,822
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Nov 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 10 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2016 the House Price Index for GLOUCESTERSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £85,000 results in an estimated price of approximately £112,822.
| 10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £85,000 | £27,822 | £112,822 |
The Postcode Pricing Model uses changes in average sales price within the GL14 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 | 63.348 % | £53,845 | £138,845 |
| 3 Month Average | 36.057 % | £30,648 | £115,648 |
| 6 Month Average | 41.347 % | £35,145 | £120,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £162,497 | £160,000 | 8 HAWKWELL ROW |
| 1 Mar 2024 | £91,404 | £90,000 | 19 STEAM MILLS |
| 18 Dec 2023 | £361,096 | £350,000 | DRAKE HOUSE PAVILION BUSINESS PARK SPECULATION ROAD |
| 30 Oct 2023 | £153,486 | £150,000 | 14 NEWTOWN ROAD |
| 27 Oct 2023 | £306,972 | £300,000 | PINE VIEW STEAM MILLS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Sep 2012. Using an estimated price of £112,823 means this house is valued at £1,007 per sq meter (£93 per sq foot).
The average size of a house on NEWTOWN ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newtown Road |
| Oct 2024 | Drugs | Local resolution | On or near Newtown Road |
| Oct 2024 | Anti-social behaviour | On or near Newtown Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newtown Road |
| Sep 2024 | Anti-social behaviour | On or near Newtown Road |