£698,366
This estimated value is based upon the latest sale price for the house of £565,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £565,000 | 11 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 September 2019 the House Price Index for GLOUCESTERSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £565,000 results in an estimated price of approximately £698,366.
| 11 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £565,000 | £133,366 | £698,366 |
The Postcode Pricing Model uses changes in average sales price within the GL53 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 | 61.563 % | £347,829 | £912,829 |
| 3 Month Average | 41.456 % | £234,225 | £799,225 |
| 6 Month Average | 27.993 % | £158,159 | £723,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £476,000 | £476,000 | 12 THE LANES |
| 16 Oct 2023 | £759,244 | £742,000 | 7 LARCH RISE |
| 7 Aug 2023 | £504,092 | £495,000 | 16 BRIZEN LANE |
| 9 Mar 2023 | £574,596 | £565,000 | 8 NOURSE CLOSE |
| 5 Jan 2023 | £681,822 | £680,000 | 3 CHESTNUT PLACE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 23 Apr 2019. Using an estimated price of £698,366 means this house is valued at £5,331 per sq meter (£495 per sq foot).
The average size of a house on CHESTNUT PLACE is 143 sq meters (1,543 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near The Lanes | |
| Aug 2024 | Anti-social behaviour | On or near The Lanes | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Spindles |
| Sep 2024 | Other crime | Under investigation | On or near Cowslip Close |
| Aug 2024 | Other theft | Under investigation | On or near Cowslip Close |