£388,252
This estimated value is based upon the latest sale price for the house of £315,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 21 Feb 2020 |
| £190,000 | 21 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 694 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 February 2020 the House Price Index for GLOUCESTERSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £315,000 results in an estimated price of approximately £388,252.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £315,000 | £73,252 | £388,252 |
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 | 24.996 % | £78,736 | £393,736 |
| 3 Month Average | 27.442 % | £86,442 | £401,442 |
| 6 Month Average | 17.722 % | £55,823 | £370,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £361,096 | £350,000 | 42 GREATFIELD LANE |
| 10 Nov 2023 | £318,074 | £310,000 | 8 COOMBE GLEN LANE |
| 13 Oct 2023 | £511,620 | £500,000 | 14 HOLMER CRESCENT |
| 16 Feb 2023 | £523,497 | £520,000 | 22 HOLMER CRESCENT |
| 22 Jul 2022 | £323,239 | £320,000 | 16 GREATFIELD LANE |
This house has a floor area of 64 sq meters or 694 sq feet when measured on 1 Jul 2011. Using an estimated price of £388,252 means this house is valued at £6,021 per sq meter (£559 per sq foot).
The average size of a house on CARMARTHEN ROAD is 107 sq meters (1,151 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernleigh Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernleigh Crescent |
| Oct 2024 | Burglary | Under investigation | On or near Holmer Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmer Crescent |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Flint Road |