£627,969
This estimated value is based upon the latest sale price for the house of £460,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £460,000 | 12 Feb 2016 |
| £260,000 | 19 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 February 2016 the House Price Index for GLOUCESTERSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £460,000 results in an estimated price of approximately £627,969.
| 12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £460,000 | £167,969 | £627,969 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 13.622 % | £62,663 | £522,663 |
| 3 Month Average | 3.111 % | £14,310 | £474,310 |
| 6 Month Average | 21.658 % | £99,626 | £559,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £108,460 | £107,000 | 33 BERKELEY COURT HIGH STREET |
| 1 Jun 2023 | £214,599 | £212,000 | FLAT 7 8 LONDON ROAD |
| 17 Mar 2023 | £220,578 | £218,500 | FLAT 1 21 BERKELEY PLACE |
| 3 Mar 2023 | £181,712 | £180,000 | GROUND FLOOR FLAT 12 LONDON ROAD |
| 28 Feb 2023 | £109,926 | £110,000 | 11 BERKELEY COURT HIGH STREET |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 18 Jun 2014. Using an estimated price of £627,970 means this house is valued at £3,924 per sq meter (£364 per sq foot).
The average size of a house on HIGH STREET is 89 sq meters (959 sq feet).