£372,003
This estimated value is based upon the latest sale price for the house of £325,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 23 Jul 2021 |
| £255,000 | 2 Jun 2017 |
| £144,950 | 22 Aug 2002 |
| £84,000 | 8 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2021 the House Price Index for GLOUCESTERSHIRE was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £325,000 results in an estimated price of approximately £372,003.
| 23 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £325,000 | £47,003 | £372,003 |
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 | 17.809 % | £57,879 | £382,879 |
| 3 Month Average | -15.644 % | £-50,842 | £274,157 |
| 6 Month Average | -16.535 % | £-53,738 | £271,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £456,639 | £448,000 | 25 GREAT WESTERN TERRACE |
| 17 Aug 2023 | £226,377 | £225,000 | 78 MILLBROOK STREET |
| 11 Aug 2023 | £192,169 | £191,000 | APARTMENT 7 117A ST GEORGES ROAD |
| 10 Feb 2023 | £338,399 | £340,000 | 12 GREAT WESTERN TERRACE |
| 9 Feb 2023 | £197,068 | £198,000 | 1 GREAT WESTERN TERRACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Feb 2017. Using an estimated price of £372,003 means this house is valued at £4,592 per sq meter (£426 per sq foot).
The average size of a house on GREAT WESTERN TERRACE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Great Western Terrace |
| Apr 2024 | Anti-social behaviour | On or near Great Western Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Great Western Terrace |