£234,676
This estimated value is based upon the latest sale price for the house of £66,000 on 16 Feb 2001. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £66,000 | 16 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2001 the House Price Index for GLOUCESTERSHIRE was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £66,000 results in an estimated price of approximately £234,676.
| 16 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £66,000 | £168,676 | £234,676 |
The Postcode Pricing Model uses changes in average sales price within the GL15 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 | 243.188 % | £160,503 | £226,503 |
| 3 Month Average | 197.765 % | £130,525 | £196,525 |
| 6 Month Average | 222.978 % | £147,165 | £213,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £222,043 | £217,000 | 5 LIMEWAY |
| 29 Sep 2023 | £304,206 | £297,500 | 60 PRIMROSE HILL |
| 23 Jun 2023 | £265,317 | £260,000 | 3 BERKELEY CRESCENT |
| 23 Jan 2023 | £275,737 | £275,000 | 123 PRIMROSE HILL |
| 15 Jul 2022 | £438,898 | £434,500 | 131 PRIMROSE HILL |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Jul 2013. Using an estimated price of £234,676 means this house is valued at £3,047 per sq meter (£283 per sq foot).
The average size of a house on LANCASTER DRIVE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berkeley Crescent |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lynwood Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lime Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Walk |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Court Road |