£271,659
This estimated value is based upon the latest sale price for the house of £203,000 on 13 Sep 2016. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£203,000 | 13 Sep 2016 |
£190,000 | 7 Apr 2014 |
£180,000 | 27 May 2005 |
£176,316 | 28 Nov 2003 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,124 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 September 2016 the House Price Index for GLOUCESTERSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £203,000 results in an estimated price of approximately £271,659.
13 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £203,000 | £68,659 | £271,659 |
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 | 28.961 % | £58,790 | £261,790 |
3 Month Average | 32.781 % | £66,545 | £269,545 |
6 Month Average | 27.259 % | £55,335 | £258,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Dec 2023 | £149,597 | £145,000 | 21 SISKIN DRIVE |
19 Dec 2023 | £165,072 | £160,000 | 15 SISKIN DRIVE |
22 Sep 2023 | £270,973 | £265,000 | 2 PINTAIL CLOSE |
15 Sep 2023 | £152,359 | £149,000 | 14 PINTAIL CLOSE |
6 Apr 2023 | £321,004 | £315,000 | 3 KINGFISHER DRIVE |
This house has a floor area of 104 sq meters or 1,124 sq feet when measured on 29 Jun 2009. Using an estimated price of £271,660 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on KINGFISHER DRIVE is 111 sq meters (1,195 sq feet).