£673,991
This estimated value is based upon the latest sale price for the house of £410,000 on 2 Sep 2013. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 2 Sep 2013 |
| £112,000 | 10 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2013 the House Price Index for GLOUCESTERSHIRE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £410,000 results in an estimated price of approximately £673,991.
| 2 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £410,000 | £263,991 | £673,991 |
The Postcode Pricing Model uses changes in average sales price within the GL50 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 | 31.656 % | £129,790 | £539,790 |
| 3 Month Average | 10.811 % | £44,325 | £454,325 |
| 6 Month Average | 32.936 % | £135,037 | £545,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £769,355 | £759,000 | 94 SHURDINGTON ROAD |
| 5 Aug 2022 | £879,333 | £881,700 | 59 MERESTONES DRIVE |
| 3 Aug 2022 | £568,470 | £570,000 | 56 MERESTONES DRIVE |
| 7 Jun 2022 | £5,072 | £5,000 | 28 MERESTONES DRIVE |
| 4 Feb 2022 | £1,127,347 | £1,075,000 | 99 SHURDINGTON ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 7 Dec 2012. Using an estimated price of £673,991 means this house is valued at £5,391 per sq meter (£500 per sq foot).
The average size of a house on MERESTONES CLOSE is 133 sq meters (1,442 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merestones Drive | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Kenelm Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestones Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hawkswood Road |