£245,455
This estimated value is based upon the latest sale price for the house of £198,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £198,000 | 2 Aug 2019 |
| £135,000 | 26 Aug 2011 |
| £125,000 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2019 the House Price Index for GLOUCESTERSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £198,000 results in an estimated price of approximately £245,455.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £198,000 | £47,455 | £245,455 |
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 | 26.732 % | £52,930 | £250,930 |
| 3 Month Average | 4.633 % | £9,173 | £207,173 |
| 6 Month Average | 18.884 % | £37,391 | £235,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £421,705 | £411,000 | 150 VILLAGE ROAD |
| 20 Sep 2023 | £235,184 | £230,000 | 24 KINGSMEAD CLOSE |
| 7 Jun 2023 | £245,928 | £241,000 | 9 KINGSMEAD CLOSE |
| 14 Apr 2023 | £275,146 | £270,000 | 111 VILLAGE ROAD |
| 15 Mar 2023 | £254,246 | £250,000 | 6 KINGSMEAD CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Apr 2019. Using an estimated price of £245,455 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on GEORGE READINGS WAY is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Carter Road |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Carter Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Joyner Road |