£292,642
This estimated value is based upon the latest sale price for the house of £193,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £193,000 | 19 Sep 2014 |
| £83,000 | 14 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2014 the House Price Index for GLOUCESTERSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £193,000 results in an estimated price of approximately £292,642.
| 19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £193,000 | £99,642 | £292,642 |
The Postcode Pricing Model uses changes in average sales price within the GL16 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 | 41.635 % | £80,356 | £273,356 |
| 3 Month Average | 34.064 % | £65,742 | £258,742 |
| 6 Month Average | 64.598 % | £124,673 | £317,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £530,000 | £530,000 | 40 COOMBS ROAD |
| 16 May 2024 | £427,000 | £427,000 | 34 ORCHARD ROAD |
| 13 May 2024 | £176,500 | £176,500 | 3 KINGS HEAD APARTMENTS SPOUT LANE |
| 12 Dec 2023 | £126,126 | £122,250 | FLAT 1 CHAPEL APARTMENTS BANK STREET |
| 17 Nov 2023 | £104,657 | £102,000 | FLAT 5 45 GLOUCESTER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jun 2014. Using an estimated price of £292,642 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on ORCHARD ROAD is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Road |
| Sep 2024 | Anti-social behaviour | On or near Parkside | |
| Sep 2024 | Anti-social behaviour | On or near Parkside | |
| Aug 2024 | Anti-social behaviour | On or near Parkside | |
| Aug 2024 | Anti-social behaviour | On or near Parkside |