£398,686
This estimated value is based upon the latest sale price for the house of £232,500 on 26 Jul 2012. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,500 | 26 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2012 the House Price Index for GLOUCESTERSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £232,500 results in an estimated price of approximately £398,686.
| 26 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £232,500 | £166,186 | £398,686 |
The Postcode Pricing Model uses changes in average sales price within the GL2 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 | 34.790 % | £80,886 | £313,386 |
| 3 Month Average | 69.333 % | £161,199 | £393,699 |
| 6 Month Average | 69.883 % | £162,477 | £394,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £252,767 | £245,000 | 89 BEECHCROFT ROAD |
| 4 Aug 2023 | £254,592 | £250,000 | 207 LONGFORD LANE |
| 4 Aug 2023 | £250,518 | £246,000 | 85 BEECHCROFT ROAD |
| 24 Mar 2023 | £228,821 | £225,000 | 11 MILFORD CLOSE |
| 19 May 2022 | £385,031 | £375,000 | 149 LONGFORD LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Apr 2012. Using an estimated price of £398,686 means this house is valued at £4,286 per sq meter (£398 per sq foot).
The average size of a house on LONGFORD LANE is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milford Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longford Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wentworth Close |