£232,162
This estimated value is based upon the latest sale price for the house of £148,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 17 Apr 2014 |
| £150,000 | 4 Mar 2009 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 April 2014 the House Price Index for GLOUCESTERSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £148,000 results in an estimated price of approximately £232,162.
| 17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £148,000 | £84,162 | £232,162 |
The Postcode Pricing Model uses changes in average sales price within the GL11 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 | 63.818 % | £94,451 | £242,451 |
| 3 Month Average | 54.786 % | £81,083 | £229,083 |
| 6 Month Average | 46.691 % | £69,102 | £217,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 4 PRIORY CLOSE |
| 3 Feb 2023 | £156,042 | £155,000 | 5 PHELPS MILL CLOSE |
| 21 Oct 2022 | £149,501 | £150,000 | 1 FORGE ROAD |
| 26 Jul 2022 | £257,581 | £255,000 | 6 THE ROPE WALK |
| 25 Mar 2022 | £208,787 | £200,000 | 4 THE ROPE WALK |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 14 Dec 2011. Using an estimated price of £232,163 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on FORGE ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Townsend Close |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane | |
| Sep 2024 | Anti-social behaviour | On or near Brownings Lane |