£1,322,039
This estimated value is based upon the latest sale price for the house of £425,000 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£425,000 | 4 Jan 2002 |
Terraced |
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 2002 the House Price Index for GLOUCESTERSHIRE was 47.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 211.068%.Applying this 211.068% change to the original purchase price of £425,000 results in an estimated price of approximately £1,322,039.
4 Jan 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.0 | 211.068 % | £425,000 | £897,039 | £1,322,039 |
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 | 167.538 % | £712,035 | £1,137,035 |
3 Month Average | 136.011 % | £578,044 | £1,003,044 |
6 Month Average | 127.759 % | £542,976 | £967,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2022 | £351,823 | £354,200 | FLAT 1 8 ROYAL PARADE |
25 May 2022 | £172,565 | £170,000 | FLAT 14 THE COURTYARD ROYAL PARADE MEWS |
23 Feb 2022 | £2,976,712 | £2,850,000 | 12 ROYAL PARADE |
10 Jan 2022 | £1,718,980 | £1,640,000 | 19 ROYAL PARADE |
4 Jan 2022 | £398,300 | £380,000 | FLAT 8 THE COURTYARD ROYAL PARADE MEWS |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |