£184,386
This estimated value is based upon the latest sale price for the house of £118,000 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 23 Aug 2007 |
| £101,000 | 23 Sep 2004 |
| £66,000 | 7 Sep 2001 |
| £54,000 | 26 May 2000 |
| £43,500 | 8 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 2007 the House Price Index for GLOUCESTERSHIRE was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £118,000 results in an estimated price of approximately £184,386.
| 23 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.0 | 56.259 % | £118,000 | £66,386 | £184,386 |
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 | 8.050 % | £9,499 | £127,499 |
| 3 Month Average | 44.075 % | £52,008 | £170,008 |
| 6 Month Average | 58.256 % | £68,742 | £186,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £225,370 | £224,000 | 8 SCHOOL MEAD |
| 28 Jul 2023 | £323,056 | £320,000 | 5 PARKBURY CLOSE |
| 29 Jun 2023 | £262,125 | £260,000 | 4 ESSEX AVENUE |
| 17 Feb 2023 | £109,482 | £110,000 | 14 SCHOOL MEAD |
| 26 Jan 2023 | £260,462 | £262,750 | 3 LYNDALE TERRACE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 27 Aug 2021. Using an estimated price of £184,386 means this house is valued at £4,852 per sq meter (£450 per sq foot).
The average size of a house on SCHOOL MEAD is 44 sq meters (480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near School Mead |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near School Mead |
| Apr 2024 | Anti-social behaviour | On or near School Mead | |
| Mar 2024 | Public order | Under investigation | On or near School Mead |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near School Mead |