£230,879
This estimated value is based upon the latest sale price for the house of £167,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 20 Jan 2016 |
| £80,000 | 13 Mar 2002 |
| Semi-Detached |
| 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 January 2016 the House Price Index for GLOUCESTERSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £167,000 results in an estimated price of approximately £230,879.
| 20 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £167,000 | £63,879 | £230,879 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | 35.566 % | £59,395 | £226,395 |
| 3 Month Average | 48.905 % | £81,671 | £248,671 |
| 6 Month Average | 49.445 % | £82,572 | £249,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £280,000 | £280,000 | 7 RICHMOND GARDENS |
| 4 Jul 2024 | £240,000 | £240,000 | 15 WEDGWOOD DRIVE |
| 9 Nov 2023 | £218,035 | £212,500 | 10 THE AVENUE |
| 20 Oct 2023 | £281,391 | £275,000 | 17 WEDGWOOD DRIVE |
| 25 Aug 2023 | £336,061 | £330,000 | RAVENLOFT THE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Wedgwood Drive | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedgwood Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedgwood Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Charlton Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Elms |