£403,930
This estimated value is based upon the latest sale price for the house of £375,000 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 3 Nov 2021 |
| £92,000 | 8 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2021 the House Price Index for GLOUCESTERSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £375,000 results in an estimated price of approximately £403,930.
| 3 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £375,000 | £28,930 | £403,930 |
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 | -16.718 % | £-62,692 | £312,307 |
| 3 Month Average | -1.074 % | £-4,025 | £370,974 |
| 6 Month Average | 5.067 % | £19,001 | £394,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £181,101 | £180,000 | 10 NIMBUS HOUSE GEMINI CLOSE |
| 6 Jan 2023 | £376,691 | £380,000 | 9 DARWIN CLOSE |
| 27 Sep 2022 | £499,920 | £506,000 | 26 DARWIN CLOSE |
| 8 Jun 2022 | £606,143 | £600,000 | 25 DARWIN CLOSE |
| 5 Apr 2022 | £538,462 | £525,000 | 7 BISHOPSTONE CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Jul 2013. Using an estimated price of £403,930 means this house is valued at £4,164 per sq meter (£386 per sq foot).
The average size of a house on DARWIN CLOSE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Gemini Close |
| Apr 2024 | Other theft | Under investigation | On or near Gemini Close |
| Jan 2024 | Anti-social behaviour | On or near Castlemaine Drive | |
| Jan 2024 | Anti-social behaviour | On or near Castlemaine Drive | |
| Jan 2024 | Anti-social behaviour | On or near Castlemaine Drive |