£507,892
This estimated value is based upon the latest sale price for the house of £495,000 on 9 Nov 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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Price Paid | Date |
---|---|
£495,000 | 9 Nov 2023 |
£380,000 | 3 Apr 2020 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 November 2023 the House Price Index for GLOUCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £495,000 results in an estimated price of approximately £507,892.
9 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £495,000 | £12,892 | £507,892 |
The Postcode Pricing Model uses changes in average sales price within the GL8 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 | -47.988 % | £-237,541 | £257,458 |
3 Month Average | -24.451 % | £-121,034 | £373,965 |
6 Month Average | -12.411 % | £-61,436 | £433,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £415,548 | £405,000 | 13 LONGFURLONG LANE |
28 Nov 2023 | £707,971 | £690,000 | WITS END BERRELLS ROAD |
9 Nov 2023 | £507,892 | £495,000 | 2 SHEARERS WAY |
27 Oct 2023 | £475,807 | £465,000 | 11 LONGFURLONG LANE |
29 Sep 2023 | £460,143 | £450,000 | 36 LONGFURLONG LANE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Feb 2020. Using an estimated price of £507,892 means this house is valued at £4,746 per sq meter (£440 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shearers Way |
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shearers Way |
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shearers Way |
Oct 2024 | Other crime | Under investigation | On or near Long Furlong Lane |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Charlton Road |