£192,888
This estimated value is based upon the latest sale price for the house of £53,000 on 17 Nov 2000. This value is then adjusted by the current Official House Price Index for SOUTH GLOUCESTERSHIRE 1
There has been one burglary within the last year on or near New Cheltenham Road
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| Price Paid | Date |
|---|---|
| £53,000 | 17 Nov 2000 |
| £52,000 | 30 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in November 2000 the House Price Index for SOUTH GLOUCESTERSHIRE was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £53,000 results in an estimated price of approximately £192,888.
| 17 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £53,000 | £139,888 | £192,888 |
The Postcode Pricing Model uses changes in average sales price within the BS15 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 | 285.708 % | £151,425 | £204,425 |
| 3 Month Average | 283.245 % | £150,119 | £203,119 |
| 6 Month Average | 274.775 % | £145,631 | £198,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £208,651 | £205,000 | 98A CHURCH ROAD |
| 29 Sep 2023 | £298,821 | £295,000 | 14 SPRING HILL |
| 28 Sep 2023 | £265,393 | £262,000 | 78 CHURCH ROAD |
| 24 Aug 2023 | £282,622 | £280,150 | 52 ALMA ROAD |
| 16 Jun 2023 | £292,037 | £288,500 | 109 ALMA ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 30 Jun 2016. Using an estimated price of £192,889 means this house is valued at £2,119 per sq meter (£196 per sq foot).
The average size of a house on NEW CHELTENHAM ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near New Cheltenham Road | |
| Mar 2024 | Burglary | Under investigation | On or near New Cheltenham Road |
| Jan 2024 | Other theft | Further investigation is not in the public interest | On or near New Cheltenham Road |
| Dec 2023 | Vehicle crime | Under investigation | On or near New Cheltenham Road |
| Mar 2024 | Bicycle theft | Under investigation | On or near Watts Lane |