£257,233
This estimated value is based upon the latest sale price for the house of £197,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 10 Mar 2017 |
| £59,999 | 18 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2017 the House Price Index for GLOUCESTERSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £197,000 results in an estimated price of approximately £257,233.
| 10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £197,000 | £60,233 | £257,233 |
The Postcode Pricing Model uses changes in average sales price within the GL51 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 | 49.205 % | £96,933 | £293,933 |
| 3 Month Average | 19.621 % | £38,653 | £235,653 |
| 6 Month Average | 31.872 % | £62,787 | £259,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £282,597 | £277,500 | 28 BEAUMONT DRIVE |
| 9 Aug 2023 | £231,169 | £227,000 | 7 SPRINGBANK CLOSE |
| 17 Nov 2022 | £373,255 | £375,000 | 2 CARROL GROVE |
| 27 Oct 2022 | £344,848 | £346,000 | 1 HAZLITT CROFT |
| 2 Sep 2022 | £289,806 | £290,000 | 4 HAZLITT CROFT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Nov 2016. Using an estimated price of £257,234 means this house is valued at £3,099 per sq meter (£287 per sq foot).
The average size of a house on SPRINGBANK WAY is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springbank Way |
| Jul 2024 | Anti-social behaviour | On or near Blake Croft | |
| Jul 2024 | Anti-social behaviour | On or near Blake Croft | |
| Jul 2024 | Anti-social behaviour | On or near Blake Croft | |
| Jul 2024 | Anti-social behaviour | On or near Blake Croft |