£339,715
This estimated value is based upon the latest sale price for the house of £332,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £332,000 | 16 Oct 2023 |
| £223,500 | 23 Oct 2015 |
| £113,000 | 12 Oct 2001 |
| £79,500 | 28 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 October 2023 the House Price Index for GLOUCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £332,000 results in an estimated price of approximately £339,715.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £332,000 | £7,715 | £339,715 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 0.720 % | £2,390 | £334,390 |
| 3 Month Average | -19.992 % | £-66,374 | £265,625 |
| 6 Month Average | -1.893 % | £-6,283 | £325,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £330,071 | £325,000 | 8 CHELMSFORD AVENUE |
| 18 Mar 2024 | £414,366 | £408,000 | 155 SALISBURY AVENUE |
| 23 Oct 2023 | £429,761 | £420,000 | 10 LICHFIELD DRIVE |
| 16 Oct 2023 | £339,716 | £332,000 | 13 LICHFIELD DRIVE |
| 16 Oct 2023 | £424,645 | £415,000 | 143 SALISBURY AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 May 2013. Using an estimated price of £339,716 means this house is valued at £5,857 per sq meter (£544 per sq foot).
The average size of a house on LICHFIELD DRIVE is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazlewood Close |
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Durham Close |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Shoplifting | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Shoplifting | Under investigation | On or near Sports/Recreation Area |