£739,755
This estimated value is based upon the latest sale price for the house of £199,950 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£199,950 | 11 Aug 2000 |
Detached |
Freehold |
Floor Area: 196 sq meters or 2,109 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 August 2000 the House Price Index for GLOUCESTERSHIRE was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £199,950 results in an estimated price of approximately £739,755.
11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £199,950 | £539,805 | £739,755 |
The Postcode Pricing Model uses changes in average sales price within the GL4 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 | 246.927 % | £493,729 | £693,679 |
3 Month Average | 215.842 % | £431,576 | £631,526 |
6 Month Average | 234.370 % | £468,622 | £668,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £440,634 | £435,000 | 240 STROUD ROAD |
7 Feb 2023 | £539,637 | £540,000 | 238 STROUD ROAD |
8 Apr 2022 | £262,599 | £255,000 | FLAT 7 OAKBANK HOUSE, 9 OAKBANK |
25 Feb 2022 | £466,669 | £445,000 | 198 RESERVOIR ROAD |
14 Dec 2021 | £664,254 | £620,000 | 254 STROUD ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 16 Jan 2020. Using an estimated price of £739,756 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on RESERVOIR ROAD is 113 sq meters (1,220 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Under investigation | On or near Oakbank |