£350,008
This estimated value is based upon the latest sale price for the house of £270,000 on 18 May 2017. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 18 May 2017 |
| £228,000 | 27 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 May 2017 the House Price Index for GLOUCESTERSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £270,000 results in an estimated price of approximately £350,008.
| 18 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £270,000 | £80,008 | £350,008 |
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 | 22.522 % | £60,809 | £330,809 |
| 3 Month Average | 16.587 % | £44,783 | £314,783 |
| 6 Month Average | 26.118 % | £70,518 | £340,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £271,902 | £265,000 | 14 CHAPMAN WAY |
| 29 Sep 2023 | £286,311 | £280,000 | 4 CHAPMAN WAY |
| 23 Jun 2023 | £244,908 | £240,000 | 9 ALMA CLOSE |
| 1 Jun 2023 | £186,742 | £183,000 | 26 CHAPMAN WAY |
| 18 Jan 2023 | £250,670 | £250,000 | 44 CHAPMAN WAY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 8 Feb 2017. Using an estimated price of £350,009 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on ALMA ROAD is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Alma Road | |
| Jun 2024 | Anti-social behaviour | On or near Alma Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Alma Road |
| Apr 2024 | Anti-social behaviour | On or near Alma Road | |
| Apr 2024 | Anti-social behaviour | On or near Alma Road |