£238,437
This estimated value is based upon the latest sale price for the house of £140,000 on 7 Aug 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 7 Aug 2012 |
| Terraced |
| Freehold |
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 2012 the House Price Index for GLOUCESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £140,000 results in an estimated price of approximately £238,437.
| 7 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £140,000 | £98,437 | £238,437 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | 7.975 % | £11,164 | £151,164 |
| 3 Month Average | 53.394 % | £74,751 | £214,751 |
| 6 Month Average | 52.498 % | £73,496 | £213,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £258,479 | £255,000 | 13 BRIDGET DRIVE |
| 27 Jan 2023 | £227,429 | £228,500 | 2 MERCIAN WAY |
| 1 Apr 2022 | £239,943 | £233,000 | 9 MERCIAN WAY |
| 13 Dec 2021 | £289,272 | £270,000 | 11 DANES HILL |
| 24 Sep 2021 | £727,375 | £675,000 | TALLARDS MARSH COTTAGE OFFAS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mercian Way |
| Jan 2024 | Anti-social behaviour | On or near Offas Close | |
| Jan 2024 | Anti-social behaviour | On or near Offas Close | |
| Jan 2024 | Anti-social behaviour | On or near Offas Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madocke Road |